Archive for August, 2016

What Can You Invest in with a Self Employed 401(k)?

August 31st, 2016

A Self-Employed 401(k), also known as a Solo 401(k) Plan, offers one the ability to use his or her retirement funds to make almost any type of investment on their own without requiring the consent of any custodian or person. The IRS and Department of Labor only describe the types of investments that are prohibited, […]

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Is It Legal to Use Your 401k to Start a Business?

August 25th, 2016

The legality of using retirement funds to purchase employer corporate stock is firmly established in the Internal Revenue Code and under ERISA law. The IRA Financial Group’s in-house retirement tax professionals have spent the last two years developing an IRS and ERISA compliant structure for using retirement funds to acquire or invest in a business […]

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Eligibility Rules for a Self-Directed 401(k) Plan

August 17th, 2016

A Self-Directed 401(k) Plan, also known as a Solo 401(k),  is well suited for businesses that either do not employ any employees or employee certain employees that may be excluded from coverage. A Solo 401(k) plan is perfect for any sole proprietor, consultant, or independent contractor. To be eligible to benefit from the Solo 401(k) […]

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How to Purchase Real Estate with a Self Directed 401k Plan

August 10th, 2016

Most people mistakenly believe that their 401(k) must be invested in bank CDs, the stock market, or mutual funds. Few Investors realize that the IRS has always permitted real estate to be held inside 401(k) retirement accounts. Investments in real estate with a Solo 401(k) are fully permissible under the Employee Retirement Income Security Act […]

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First Handbook Published on Self-Directed Solo 401(k) Retirement Plan Now Available on Amazon

August 3rd, 2016

Adam Bergman, IRA Financial Group Partner, authors second book discussing the self-directed Solo 401(k) Plan Adam Bergman, President of the IRA Financial Trust Company, announces the release of his second book on the self-directed Solo 401(k) plan titled, The Solo 401(k) Plan in a Nutshell. After the success of his first book, Going Solo: America’s […]

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