Why Choose IRA Financial for Your Solo 401(k)?
A Transparent Look at Our Fees and Services When you're a self-employed professional or small business owner, your retirement strategy should give…
Disqualified Persons and Retirement Accounts: Rules & Restrictions
When it comes to self-directed retirement accounts—whether an IRA, Solo 401(k), or other plan, few topics are more critical (or more misunderstood)…
JP Morgan vs. IRA Financial: Choosing the Right Solo 401(k) for Self-Employed Investors
In the world of self-employment, planning for retirement isn’t just a good idea, it’s a necessity. For sole proprietors, freelancers, and small…
Can I Use My 401(k) to Buy a House?
Technically, you can use your 401(k) to buy a house! Generally, there are two options when using a 401(k) to buy a house: taking a loan (if the plan…
Do I need an EIN for my Solo 401(k)?
The Solo 401(k) plan, also known as an Individual 401(k) plan, has become the most popular retirement plan for the self-employed or small business…
Solo 401(k) Rules for a Single Member LLC
The single member LLC is one of the most popular vehicles for establishing a business. Assuming you qualify, the Solo 401(k) plan is the best option…
Solo 401(k) Rules & Multiple Member LLC (Partnership)
The IRS allows any entity type, including an LLC, to establish a Solo 401(k) plan. The Solo 401(k) plan is essentially a regular 401(k) plan…
The Prohibited Transaction Rules: Key Lessons from Landmark Cases
When you open a Self-Directed IRA or Solo 401(k), the IRS gives you the freedom to invest in almost any asset — from real estate to private…
How SECURE Act 2.0 Changed the 401(k) Controlled Group Rules
The SECURE Act 2.0, signed into law in December 2022, brought significant reforms to retirement savings, building on the foundation of the original…
What is the UBTI Tax Rate?
The UBTI tax rate is in existence to prevent tax-exempt entities from competing unfairly with taxable entities. Tax-exempt companies are subject to…