Newsletter: August 2014
|
August Newsletter Video: Solo 401k Contribution Limits Can Give You the Largest Tax BenefitClient Testimonials We are really thankful to have our Solo 401K setup and to have the freedom to invest in a wider variety of investment options. For us this has been investing in tax liens in Florida. We just received our first redemption check in the mail. We made 5% in a week investing in two tax liens that were paid off within a week of our purchase of them. We are excited to wait for more checks in the mail as other tax liens are redeemed. The freedom to invest where we choose allows us to take that money we just earned and reinvest it the moment it clears the bank. It really is awesome to not have someone in an office somewhere who has to approve every unconventional investment we make. Thank you for your services and the very educational website you have setup. I have referenced it many times for details of how our account is to work. We are very pleased and investing for retirement is now fun rather than nerve wrecking.Sense Financial Live On RadioSense Financial president joined Carol Blonder, host of Networking Arizona radio program, to discuss self directed retirement plan on May 30, 2014. Networking Arizona airs every Tuesday and Friday from 3 to 5 pm on Independent Talk KFNX 1100 AM radio.
During this segment, Sense Financial founder and president, Dmitriy Fomichenko explained why the common belief that IRA plans can only invest in stocks and bonds is a misconception. In fact, he stated, with a true self-directed IRA offered If you missed the live show, listen to the full recording Here. Self Directed IRA plan: Partnership with a Disqualified Person?
According to Department of Labor Advisory Opinion in July of 2000, a Self directed IRA can enter a partnership with a disqualified person but not without complication. The original page has discussed the issue in details, with the main points summarized as below. In short, in certain situations a person can have his or her Self Directed IRA plan or Solo 401k enter a partnership with a disqualified person. However, there are many chances he or she may trigger a prohibited transaction while operating the partnership… Is Living Trust the Right Solution For You?
How to Find the Best Life Insurance?
The best life insurance for you is not necessarily mine. As with most financial planning, it is a case to case basis — a personalized one if I may say. But how can we find the right one unless we know an insurance agent personally?
9 Practical Tips to Secure the Financial Future of Your Loved Ones
Wisdom from the Bible
“And God is able to bless you abundantly, so that in all things at all times, having all that you need, you will abound in every good work.” Our team at Sense Financial is committed to educating individual investors, professionals and business owners about financial concepts that make sense. We offer live events in Southern and Northern California geared toward self-directed investing. We also offer webinars, so no matter where you are, you can join us and invest in yourself. If we can be of any service to you, please give us a call or contact us via email. Our team is committed to providing quality service to our clients and investors. Sincerely, Sense Financial Team (949) 228-9394 Disclaimer: Connect with us!
|
 |
© 2014 |
