The Effects of UBTI on the Solo 401k and IRA
Those with Solo 401k retirement plans or IRAs should be aware of Unrelated Business Taxable Income (UBTI) and how it might affect their investments.What is UBTI?Unrelated Business Taxable Income (UBTI) is a concept defined by the Internal Revenue Code. Its purpose is to ensure fair competition between businesses.The assumption is that businesses with tax-exempt status […]