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Showing posts with the label selfdirected401k

How to Maximize Savings with a Crypto Mega Backdoor Roth IRA: Save Up to $61k a Year

Crypto Roth IRA – How to save $61k per year in a Crypto Mega Backdoor Roth IRA Please join My Community to ask questions: Free to Join! All are Welcome! LEARN MORE: https-mysolo401k-net-mycommunity-forums-discussion-cryptocurrency/ The solo 401k plan , commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020 (for 2021: $58k or $64.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative investments. Open an Account: Learn More: Subscribe to our channel for weekly educational webinars: Fo

Is it possible to make Mega Backdoor Roth Solo 401k contributions after maxing out my day job's 401k plan?

Can I make Mega Backdoor Roth Solo 401k contributions if I max out my 401k at my day job? Book a call: Our owners host daily webinars on our community where you can ask questions! Please join My Community to participate & ask questions: Please join My Community to ask questions: Free to Join! All are Welcome! LEARN MORE: The solo 401k plan , commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020 (for 2021: $58k or $64.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative investmen

How to Obtain a Non-Recourse Loan for Your Self-Directed Solo 401k and IRA Accounts Through a Podcast

Non-Recourse Loan Expert Roger St. Pierre from MyIRALender.com shares his deep expertise in non-recourse loans for Self-directed Solo 401k and IRA retirement investments. -How to Qualify For a Non-Recourse Loan for a Self-directed 401k/IRA -Non-Recourse Loan Qualification Tool -COVID-19 Impact to Non-Recourse Loans -Residential, Commerical, AirBnb vacation rentals Learn more: ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA As many individuals look to diversify their investment portfolio, they may consider using their self-directed solo 401k or IRA accounts to invest in alternative assets. However, investing in certain assets, such as real estate, may require additional funding beyond what is currently available in the account. This is where a non-recourse loan can be beneficial. A non-recourse loan is a type of loan where the le

FAQ for Daily Solo 401k: Is it possible to make Mega Backdoor Roth contributions with 100% after-tax Solo 401k contributions?

Can I make 100% After-Tax Solo 401k Contributions (Mega Backdoor Roth)? Book a call: Our owners host daily webinars on our community where you can ask questions! Please join My Community to participate & ask questions: Please join My Community to ask questions: Free to Join! All are Welcome! LEARN MORE: The solo 401k plan , commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020 (for 2021: $58k or $64.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative investments. Open an Accou

Proposed Bans of Mega Backdoor Roth Solo 401(k) & IRA Accredited Investments: A Failure

Harvard Law Attorney & Self-Employed Retirement Expert George Blower provides an update on the recent House Proposal to ban Backdoor Roth IRA and 401k contributions as well as your ability to invest IRA funds in accredited investments. We will also discuss essential year-end retirement savings planning for self-employed individuals including Solo 401k deadlines, contribution limits, eligibility, and much more! LEARN MORE: The solo 401k plan , commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020 (for 2021: $58k or $64.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in r

Daily Solo 401k Question - Can I contribute to both Roth IRA and Mega Backdoor Roth Solo 401K?

Can I contribute to both Roth IRA and Mega Backdoor Roth Solo 401K? Book a call: Our owners host daily webinars on our community where you can ask questions! Please join My Community to participate & ask questions: Please join My Community to ask questions: Free to Join! All are Welcome! LEARN MORE: The solo 401k plan , commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020 (for 2021: $58k or $64.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative investments. Open an Account:

Spousal Inclusion in a Solo 401k

If you include your spouse in your Solo 401k you could tap into higher contributions, and the ability to co-invest together. We cover: - How to maximize contributions (up to $127,000 tax deductible) by including your spouse in your Solo 401k plan - When and how to co-invest with your spouse under a Solo 401k - How to keep the books and funds clean when you and your spouse are in one plan Interested in starting your own Solo 401k? Contact us at for a free consultation!... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA If you are a small business owner, you may be familiar with the concept of a Solo 401k. This type of retirement plan is designed specifically for self-employed individuals and small business owners who do not have any employees. It allows you to contribute up to $19,500 per year ($26,000 if you are 50 or older) and offers

Solopreneur 401k FAQ - Where do I report my Roth Solo 401k employee contributions on my W-2?

Solopreneur 401k FAQ - Where do I report my Roth Solo 401k employee contributions on my W-2? Open Account: Please join My Community to ask questions: Free to Join! All are Welcome! LEARN MORE: The solo 401k plan, commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $61,000 (or even $67,500 if you are 50 or older) for 2022, or $66,000 (or even $73,500 if you are 50 or older) for 2023. -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative investments. Open an Account: Learn More: Subscribe to our channel for weekly educational webinars: For

Non-Recourse Loans Financing for Self-Directed IRA LLC/Solo 401k W/ Expert Roger St. Pierre

Discussion of Non-Recourse Loans for Solo 401k and IRA LLCs with Non-Recourse Financing Expert Roger St. Pierre from MyIRALender.com... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Non-Recourse Loans Financing for Self-Directed IRA LLC/Solo 401k As the popularity of self-directed retirement accounts continues to grow, so does the need for financing options for these types of accounts. For those looking to use their retirement funds to invest in real estate, a non-recourse loan can be the perfect solution. Non-recourse loans are loans that are secured by collateral, such as real estate, but do not require the borrower to personally guarantee the loan. This means that if the borrower defaults on the loan, the lender cannot go after the borrower’s personal assets to recoup the money. This makes non-recourse loans a great option for those looki

Why Choose Sense Financial as a Solo 401k/Self Directed IRA Plan Provider

Solo 401k and Checkbook IRA investors shared reasons why they decided to choose Sense Financial as their plan provider. They recommend the firm as a trusted resource when it comes to self directed retirement plans. For more information, please visit our website or call us at 949-228-9394.... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Are you looking for a reliable and knowledgeable provider for your Solo 401k or Self Directed IRA Plan? Sense Financial is the perfect choice for you. Sense Financial is a leading provider of Solo 401k and Self Directed IRA plans. With over 10 years of experience in the retirement planning industry, they have the expertise to help you make the most of your retirement savings. Sense Financial offers a variety of benefits to their customers. They provide comprehensive financial planning services and have a

Solo 401k: The Biggest Tax-Saver | Royal Legal

Pete Schindele - Solo 401k: The Biggest Tax-Saver ROYAL LEGAL SOLUTIONS Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth. **************************************************************************** MEET THE HOST Pete Schindele, CFO, CPA, Royal Legal Solutions. Pete is from Boise, Idaho, where he attended the University of Idaho and earned a Bachelor of Science in Business, majoring in Accounting and Finance. Pete has been a licensed CPA in the Sta

Self-employed 401k Question Answered - I have two businesses, can I have two (2) Solo 401k plans?

Self-employed 401k Question Answered - I have two businesses, can I have two (2) Solo 401k plans? Book a call: Our owners host daily webinars on our community where you can ask questions! Please join My Community to participate & ask questions: Please join My Community to ask questions: Free to Join! All are Welcome! LEARN MORE: The solo 401k plan, commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020 (for 2021: $58k or $64.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative inv

Self-Employed Solo 401k Question Answered - Can I set up a Solo 401k for an S corporation?

Self-Employed Solo 401k Question Answered - Can I set up a Solo 401k for an S corporation? Open Account: Please join My Community to ask questions: Free to Join! All are Welcome! LEARN MORE: The solo 401k plan, commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $61,000 (or even $67,500 if you are 50 or older) for 2022. -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative investments. Open an Account: Learn More: Subscribe to our channel for weekly educational webinars: For over 10 years, My Solo 401k Financial is the leading self-dire

Deep Dive 2021/2022 Mega Backdoor Roth Solo 401k Contributions (S-corp, C-corp, LLC as S/C-Corp W-2)

]Harvard Law Attorney George Blower reviews the 2021 & 2022 Mega Backdoor Roth Solo 401k Self-Directed Solo 401k Contribution Limits & Types for self-employed businesses taxed as S-corporations, C-corporation, LLCs taxed as S-corporations/C-corporations. LEARN MORE: The solo 401k plan , commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020 (for 2021: $58k or $64.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative investments. Open an Account: Learn More:

Self Directed IRA & 401k Real Estate Financing

The basic mechanics of lending or borrowing money from a self-directed IRA or 401k in order to fund a real estate investment purchase.... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/self-directed-ira-401k-real-estate-financing/?feed_id=58654&_unique_id=63bc39eda3cf3 #Inflation #Retirement #GoldIRA #Wealth #Investing #creativefinancing #individualretirementaccount #mortgage #realestateindustry #realestateinvesting #selfdirectedira #selfdirectedretirementaccount #selfdirected401k #SelfDirectedIRA #creativefinancing #individualretirementaccount #mortgage #realestateindustry #realestateinvesting #selfdirectedira #selfdirectedretirementaccount #selfdirected401k

Do I have to report Mega Backdoor Roth Solo 401k contributions on Payroll (Gusto, ADP, Paychex)?

Do I have to report Mega Backdoor Roth Solo 401k contributions on Payroll (Gusto, ADP, Paychex)? Book a call: Our owners host daily webinars on our community where you can ask questions! Please join My Community to participate & ask questions: Please join My Community to ask questions: Free to Join! All are Welcome! LEARN MORE: The solo 401k plan , commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020 (for 2021: $58k or $64.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative in

Self-Employed Solo 401k FAQ - Is there enough time to open a Mega Backdoor Roth Solo 401k for 2022?

Self-Employed Solo 401k FAQ - Is there enough time open a Mega Backdoor Roth Solo 401k for 2022? Book a call: Our owners host daily webinars on our community where you can ask questions! Please join My Community to participate & ask questions: Please join My Community to ask questions: Free to Join! All are Welcome! LEARN MORE: The solo 401k plan , commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020 (for 2021: $58k or $64.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative in