WHAT IS A SOLO 401K?

 

 A self-directed, or solo 401(k)—or what the IRS calls a oneparticipant 401(k)—is a versatile retirement account that lets investors and business owners grow retirement savings tax-free.

Understand the Basics

Learn about the Solo 401(k), including how to get one and why you’d want to.

How it’s Structured?

A plan that is compliant in the eyes of your friends at the IRS is the only plan you want.

Eligibility, Rules, Regulations

If are self-employed and interested in learning more about Solo 401k eligibility, read on.

Life Cycle of The Solo 401k

Learn about the distinct stages of a Solo 401(k) plan for a blueprint to managing one.

Why it’s a Must for Self-Employed

There are many benefits and features of the Solo 401k plan that make it a great choice.

The Benefits

The Solo 401k is a unique plan because it only covers the owner and their spouse.

Deeper Dive into the Benefits

There are a host of benefits to using a Solo 401K that go beyond traditional options.

Pros and Cons

Before opening a Self- Directed Solo 401k plan, let’s examine the pros and cons …

HOW DOES THE SOLO 401K WORK?

IRA BUSINESS TRUST

IRA BUSINESS TRUST

RETIREMENT PLANNING

The self directed IRA-owned trust is an IRA business trust for real estate investors which gives the IRA owner checkbook control

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IRA OWNED LLC

IRA OWNED LLC

ENTITIES

We offer a full service for all of your Self Directed IRA compliance and entity compliance to ensure that you are going to be on the right side of the law with your IRA Company and investments.

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Still have questions?

FAQS

The the Solo 401k can certainly stir up some confusion. In fact, the whole world of self-directed investing can …

Setup

Here we cover the basics of setting up a self-directed 401(k) and some tips on streamlining the administrative process.

Form 5500 EZ

Depending on your plan value, you may be required to file Form 5500 EZ in accordance with Internal Revenue Service (IRS) regulations.

How do I terminate my plan?

There might be a point in time when you want to terminate your plan, such as if you choose to sell off the business.

Is it the right choice?

The Solo 401k is a tax-efficient and cost-effective plan offering all the benefits of a Self-Directed IRA, plus additional features.

Features

The Solo 401k is a tax-efficient and cost-effective plan offering all the benefits of a Self-Directed IRA, plus additional features.

Checkboook control vs. trustee control

Read on to get some clarity on this subject and learn how Trustees and Checkbook Control influence your Self-Directed 401k.

UBTI / UBIT / UDFI

There are certain situations in which a solo 401(k) account will owe taxes prior to a distribution at the age of retirement.