What is UBTI?
Thursday, March 07
What is UBTI and How it Affects Investing Within Self-Directed IRA and Solo 401k?Unrelated Business Taxable Income (UBTI) is defined by the IRS as the income generated by regular business activity that is unrelated to the main purpose of a tax-exempt entity. If the business activity is regular,...
The Freedom to Choose with the Solo 401k Loan
Wednesday, March 06
In the last few years, hundreds of banks have failed and closed. Remaining banks have tightened their financial belts, making it harder for small business owners and self employed to obtain funding. The Solo 401k retirement plan contains a loan feature that allows participants to borrow from ...
Choosing a Self-directed Solo 401k Provider
Thursday, February 28
The Solo 401k is an attractive choice for those who qualify and want to take advantage of the many benefits the plan offers. However, not all Solo 401k providers are the same, and not all providers offer the same advantages and services. Available advantages vary based on the plan provider. So...
Giving Control Back to Individual 401k Participants
Thursday, February 28
The Individual 401k plan is a qualified retirement savings plan for the self-employed and small business owner. As a 401k plan, it has the same rules as a traditional 401k. However, because the plan is simplified for self-employed and small business owners, it affords additional advantages to ...
Solo 401k vs. SEP: Contribution Limits
Friday, February 22
With tax rates increasing, self-employed and small business owners are thinking of ways to shelter more income. This leads many to consider the SEP IRA and the Solo 401k retirement plans because of their high contribution limits. Choosing the Solo 401k vs. SEPThe SEP IRA and Solo 401k are both w...
Taking Advantage of the Recent Increase in Solo 401k Contribution Limits
Monday, January 28
Recently there has been a growing interest in the Solo 401k retirement plan, due to its increased contribution limits. With all the talk of increasing tax rates, many want to shelter as much of their income as they can. The increased Solo 401k contribution limits now offer greater potential to...