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Updated about 6 years ago on . Most recent reply

User Stats

13
Posts
5
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Sika Akanji
  • Real Estate Investor / Realtor
  • Dallas- Fort Worth, TX
5
Votes |
13
Posts

DFW Bank Recommendations to House Solo 401k?

Sika Akanji
  • Real Estate Investor / Realtor
  • Dallas- Fort Worth, TX
Posted

Hello. Does anyone have an recommendations for banks/financial institutions that we can house our Solo 401k Trust with? We're not looking for a bank to be the administrator, but simply hold our trust account. To my understanding, many banks are unfamiliar with this process and will think that they are setting up the plan itself, which is not the case. 

I know of a bank in another state that sets up many checking accounts for trust plans, but we would prefer to use a bank in State/city, if possible. 

Thanks.

Most Popular Reply

User Stats

17,845
Posts
6,235
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,235
Votes |
17,845
Posts
Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

Sika,

Contact Solera Bank, they do have IRA/401k department dedicated specifically working with clients like yourself.

@Kreighton Reed is the one who leads their team.

  • Dmitriy Fomichenko
  • (949) 228-9393
business profile image
Sense Financial Services LLC
4.9 stars
166 Reviews

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