Timothy Sumer

Learn more about the Solo 401(k) - -- The Solo 401(k) plan is the best retirement plan option for the self-employed. Are you eligible to open one up? There are two important requirements - the presence of self-employed activity and the absence of full-time employees. -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(K) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions. Learn More: ... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing H...

In this Solo 401k Quick Tip video, Sense Financial discusses Solo 401k Eligibility. Watch the videos to find out if you are eligible to set up a Solo 401k plan. To learn more please visit our website or contact (949) 228-9394. There are two main qualifications for Solo401k plan. The first is income from self-employed activity. This self employed activity can be a business of your own, or simply a part time, freelancing work. You can be employed elsewhere, have your site business, and still qualify. The second qualification is owner-only business. This means that, in order to qualify for a Solo401k plan, you cannot have any full-time employees other than business owner and his spouse. A full-time employee is defined as someone who works more than 1000 hours a year for the business.... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investi...