Flipper/Rehabber · Charleston, WV · Member since 2016 · 172 posts · 126 votes
I just finished signing up for my Solo 401k account with Sense Financial. The service was incredible. As a business owner myself, I wish more people would leave positive reviews just as quickly as they would leave a negative review. This one is well deserved.
Dmitriy talked me through opening the account on Christmas Day. He didn't have to and I didn't ask him to. He was happy to. He has basically held my hand throughout the entire process in order to get this account set up in time. As many of you know, a Solo 401k must be set up and contributed to before the end of the year. We didn't have much time to work with, especially with the holidays. But we did it. My account is now open with Solera Bank and my account is funded.
I don't know if they have the best pricing but good luck finding better customer service.
Thank you, Dmitriy and Sense Financial.
Now I just need some guidance from the rest of you on how to get this money to work without self-dealing, as I am also a full-time real estate investor and the lines can get blurry. I will make another post for that.
I just finished signing up for my Solo 401k account with Sense Financial. The service was incredible. As a business owner myself, I wish more people would leave positive reviews just as quickly as they would leave a negative review. This one is well deserved.
Dmitriy talked me through opening the account on Christmas Day. He didn't have to and I didn't ask him to. He was happy to. He has basically held my hand throughout the entire process in order to get this account set up in time. As many of you know, a Solo 401k must be set up and contributed to before the end of the year. We didn't have much time to work with, especially with the holidays. But we did it. My account is now open with Solera Bank and my account is funded.
I don't know if they have the best pricing but good luck finding better customer service.
Thank you, Dmitriy and Sense Financial.
Now I just need some guidance from the rest of you on how to get this money to work without self-dealing, as I am also a full-time real estate investor and the lines can get blurry. I will make another post for that.
Keep in mind that account can depending upon what type of entity it is for can be contributed to either by January 15th for employee contributions(election to do so must be done by December 31st. For a sole prop that would be due April 15th for employee and employer contributions.
Matching contributions(employer contributions) can be paid in as late as the due date of the return including extensions for entities. So there is a great deal of slack in between.