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Showing posts with the label solo401krules

Eligibility for Setting Up a Solo 401(k) Plan: Am I Qualified?

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

TD Ameritrade Solo 401k Review - Top Reasons to Upgrade to a Self-Directed Solo 401k

Harvard Law Attorney George Blower discusses the top reasons why clients transfer or switch providers including from TD Ameritrade to a Self-directed Solo 401k. Learn More: The solo 401k plan, commonly referred to as self-directed Solo 41k is the retirement plan of choice for the self-employed 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. -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-directed solo 401k provider having helped over 8,000 clients

Can I Still Make Solo 401(k) Contributions in 2023 for 2022?

IRA Financial's Adam Bergman Esq. discusses the Solo 401(k) contribution rules and whether or not you can still make contributions for the 2022 taxable year. -- Learn more about the Solo 401(k) contribution rules: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial 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. IRA Financial is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm. IRA Financial does not provide legal services. No attorney-client relationship exists between Client and IRA Fina