A Solo 401(k) is tailor-made for sole proprietors and independent contractors such as consultants, home businesses and real estate agents. The owner’s spouse may also contribute to the plan.
Unlimited Opportunities
Outside the stock market, the most popular choice for investment is Real Estate. The primary focus is on foreclosures, short sales and bank owned properties. With checkbook control, you’re able to react quickly to these opportunities.
You’re In Complete Control
You make all the decisions. Simply write a check out of a trust bank account that you control. Make investments on behalf of your retirement plan. No paperwork, no requests, no waiting for funds to be transferred from a custodian.
Eliminate Transaction Fees
Not only do you have complete control over your retirement funds. You’ll never have to pay a custodian for transaction fees, holding fees or any other types of fees.
No Early Withdrawal Penalties Or Taxes
There are no tax consequences when you set up a Solo 401(k) plan. You’re transferring assets…not taking a distribution. Therefore, taxes and penalties do not apply.
Get It Done Fast
Our “turn-key” process takes less than 2 weeks. Fill out the form on this page or call us at 877-229-9763. Visit our website for more information www.IRA123.com.
“Finally, I was recently looking at the possibility of funding a portion of my retirement into a ROTH product. Again, I checked my plan documentation, and my Solo 401(k) allows for Roth contributions as well.
