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 […]
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 […]
As a self-directed IRA holder, are you aware of what your IRA can and cannot do? Today’s guest post by Warren L. Baker highlights the dangers of being uninformed. Warren L. Baker is the founder and managing tax attorney of the Fairview Law Group. His practice assists clients with tax-efficient structures for various transactions. In […]
No one likes unpleasant surprises, especially when it comes to retirement. The Solo 401 k solution can help you avoid the following potential pitfalls: Restructuring retirement plans More and more companies are restructuring their retirement plans. Changes like early buyouts, structural changes, or tightening contribution rules all affect your retirement. And the result is often […]
Do you want to have full control of your IRA or 401(k) account? Do you want to invest your retirement funds in real estate or in other alternative investments? Are you ready to directly manage your own retirement funds? By converting your 401k to a self directed IRA, you can be in control! Now is […]
“Know what you own, and know why you own it.” ~ Peter Lynch Planning for retirement isn’t exactly a topic urging many to think. While some experts may question the retirement crisis, the average American is worried about his retirement. According to a recent report from the National Institute on Retirement Security, at least 76% […]
Disclaimer: The views and opinions expressed in this post are solely those of the original authors and other contributors. These views and opinions do not necessarily represent those of Sense Financial Services and/or any/all contributors to this site. “Awareness is the greatest agent for change.” ~ Eckhart Tolle, Author of the Power of Now A […]
Yes, your IRA can invest in and own bitcoin and other cryptocurrencies. Bitcoin is a form of virtual currency using blockchain technology, and can be exchanged between parties for goods and services, or for dollars. From 2011 to July 2017, the value of Bitcoin has risen from $0.30 per Bitcoin to $2,550 per Bitcoin. As […]
“If you’re not willing to risk the usual, you will have to settle for the ordinary.” ~ Jim Rohn Many freelance professionals or self-employed individuals would connect with what Jim Rohn said. Working as a freelancer has its own set of challenges and benefits, and judging by the numbers, freelancing is catching up in the […]