The Solo 401k, also known as the self-directed 401k is a retirement option that savvy real estate investors can exploit with professional guidance. Learn about the benefits and features of Royal Legal Solutions’ plan now.
In brief, you have greater investment freedom with the Solo 401k. Traditional plans limit your investments, often to the products available from the custodian. Self-directing your account offers Checkbook Control, giving you nearly limitless investment options.
Ready to know more than your attorney? You'll get over two hours of instruction combined with five ebooks to teach you how to best structure your real estate investments.
Most investors are attracted to the Solo 401k for the sense of control it gives over retirement dollars. In addition to Checkbook Control allowing for nontraditional investments, there are plenty of other perks to the self-directed 401k. Some other benefits of the plan as we form it include these:
When you establish your plan through Royal Legal Solutions, our professionals ensure you have and understand the following must-haves.
Establishing a Solo 401k with us is easy. You remain in control of your investments, yet get the benefit of full service and professional support. Our clients get everything they need to get their plan established.
First and foremost, we ensure you have your plan’s documentation, designated beneficiary, contribution, and rollover forms. On top of the basics, we also provide 401k loan forms. We can show you how to use all of it.
For optimal asset protection, your plan will have its own checking account. So we make sure you also have your EIN number. We even help you set up your bank account completely online for maximum convenience!
Our plans are powered by Kingdom Trust, but Royal Legal Solutions will be here to assist you from formation through distribution. Our experts are here to answer your questions and support you fully through the process.
When you form your Solo 401k with Royal Legal Solutions serving as your custodian, you get one-stop-shopping. Our 401k experts at Royal Legal Solutions can assist you with every step from formation to self-directed 401(k) compliance. For the absolute highest level of service, consider pairing the Solo 401(k) with the Royal Protection Plan, our option for investors who want all of the paperwork, companies that support the plan, and asset protection features are taken care of for them.