Why Choose an IRA Financial Group Solo 401k Over Fidelity

August 24th, 2017

The Solo 401K Plan, also known as the Individual 401K or Self Directed 401K Plan is an IRS approved plan that was designed specifically for the self-employed or small business owner with no employees other than the owners(s). Since the adoption of the 2002 Economic Growth and Tax Reconciliation Act, the Solo 401K Plan has […]

Read More →




Purchasing a House with a Solo 401k Plan

October 6th, 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 […]

Read More →




Self-employed entrepreneur? The Solo 401(k) may be for you

September 14th, 2016

This article was recently published in the Miami Herald: When it comes to their work and interests, I have found that many Americans lead lives that are more creative, fascinating and “outside the norm” than they probably realize. In my work, I meet many successful local South Florida entrepreneurs and small-business owners, many of them […]

Read More →




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 […]

Read More →




Individual 401(k) Plan Rules

July 20th, 2016

A Solo 401K Plan also called an Individual 401K Plan offers a self-employed business owner the ability to use their retirement funds to make almost any type of investment tax-free, including real estate on their own without requiring custodian consent. As long as a business exists with no full-time employees other than the owner and […]

Read More →




Advantages of the Self Directed 401(k) Plan

July 6th, 2016

A Solo 401K Plan also called a Self-Directed 401K offers a self employed business owner the ability to use their retirement funds to make almost any type of investment tax-free, including real estate, on their own without requiring custodian consent. Additionally, a Self-Directed 401K Plan will allow you to make high contributions to the Plan […]

Read More →




IRA Financial Group Announces Expanded Solo 401(k) Plan Annual Services to Include Filing of IRS Form 5500-EZ

June 30th, 2016

Solo 401(k) plan clients of the IRA Financial Group to be offered IRS Form 5500-EZ completion services IRA Financial Group, the leading provider of self-directed Solo 401(k) plans, announces a new service for its annual tax and compliance service for Solo 401(k) plan clients to include the completion of the annual IRS information form – […]

Read More →




Strong Demand for Solo 401(k) Plan With Non-Deductible Contribution Option

June 15th, 2016

Strong Interest in Solo 401(k) Plan with non-deductible after-tax contribution option IRA Financial Group, the leading provider of checkbook control self-directed Solo 401(K) plans, announces strong demand for the Solo 401k plan with a non-deductible Contribution option. The advantage of using a Solo 401(k) plan, which includes a nondeductible contribution option, is that it allows […]

Read More →




Solo 401(k) – The Rules

June 2nd, 2016

401(k) plans are defined in the Internal Revenue Code (Section 401) as retirement savings trusts. A 401(k) Plan is an IRS approved qualified retirement plan. As the name implies, the Solo 401(k) plan is an IRS approved qualified 401(k) plan designed for a self-employed individual or the sole owner-employee of a corporation. It works best […]

Read More →




Solo 401(k) Contribution Deadlines

May 19th, 2016

The deadline for making Solo 401K Plan contributions is typically dependent on the type of entity that has adopted the Solo 401K Plan as well as the type of contribution – employee deferral vs. profit sharing contribution. Sole Proprietorship Employee Deferral In the case of a sole proprietorship, a business owner under the age of […]

Read More →