Solo401k contributions are one of the plan’s greatest advantages. Read on for a question we received that includes various aspects of Solo401k contributions, self-employment, and real estate investing.Establishing self-employment for the Solo 401kI would like to buy and hold a duplex or triplex with property management in place within a self-directed IRA (SDIRA). But this […]
Multi-Media Production USA Inc. is pleased to announce an upcoming feature on Sense Financial Services in its television series, 21st Century Business. The episode will air on Fox Business Network nationwide on Sunday, September 15th. Award-winning series 21st Century Business is an award-winning series that identifies leading industry experts and invites them to address current […]
Leading Solo 401k plan provider, Sense Financial Services, was recently spotlighted at the Innovation Economy Expo. Held on May 9, 2013 at the Ontario Convention Center in Southern California, the event connected businesses, innovators and entrepreneurs. The goal of the event was to provide the resources needed for success in a new global economy. Spotlighting […]
I am going to die. It might sound jarring, but it’s true. Death is a reality for me, and for you. Everyone- including you, me, your loved ones, dies.An uncomfortable truthThis truth makes many people sad and uncomfortable. So uncomfortable that they never deal with it. This has unintended and practical consequences for their loved […]
Did you know that the cost of probate is based on the gross value of the estate, not the net value? This can be devastating to the people left behind.Examples of the cost of probateA mother passes with a will and names her daughter as the beneficiary. The mother’s home is worth $200,000, and her […]
The bad news: you are considering filing for bankruptcy. What will happen to your 401(k)? You may be concerned over losing your nest egg along with your other earnings. The good news: your 401(k) loans are exempt when it comes to bankruptcy. But there are still some aspects to consider. First, know that filing for […]
401k Loan Using a 401k in combination with a loan can require expert help. Read on for a recent question we received. I would like to establish an owner-only 401(k) and use my retirement account funds to purchase real estate. I want to partner on the deal with my friend, an […]
Saving for retirement does not have to be limited to the stock market. Other options, like buying gold in an IRA, are available and also worth considering. Unlike the fluctuating stock market, precious metals can be a safe, long-term investment. And a self-directed IRA can invest in precious metals. Its self-directed aspect gives a wider range […]
Silver Eagles You can purchase certain precious metals, such as gold, silver, platinum, and palladium, in your retirement account. This can be a relatively safe way to grow your retirement. The self-directed IRA and Solo 401k by Sense Financial give owners the freedom and control to invest. Account owners have checkbook […]
Fraud Self Directed IRAWhat are the potential sources of fraud in a self-directed IRA?Let’s look at this in several parts.What is a self-directed IRA?A self-directed IRA is an Individual Retirement Arrangement (IRA) with a custodian that typically allows alternative investments. You, as the account holder, direct the investments of the IRA […]
