The Solo 401k Unlimited® Investing Account
Learn how an All-In-One Solo 401k is the most powerful self-directed retirement account. Use it to preserve and grow your wealth more effectively.
Few people are aware of the benefits or even existence of the self-directed Solo 401k.
Unlike an IRA that requires a custodian, the Solo 401k exists under a completely different set of rules.
No custodian is necessary with a Solo 401k, freeing you up to take total control over your retirement account.
There is no middle-man to get in the way as there is with many custodial self-directed IRA accounts. And all IRAs must have a custodian (a bank or trust company that is sanctioned by the federal government).
This close tie to the US government means IRAs are vulnerable to government manipulation and confiscation (including most self-directed IRAs). Congress has been proposing various laws in recent years to gain more control over personal IRAs.
By eliminating the custodian, this makes the Solo 401k free of the risk of government confiscation. Since you are in full control you can take measures to avoid confiscation if such a need were to arise in the future.
Read the article “What is a Solo 401k?” to learn more about the benefits and power of a Solo 401k.
Until then, you will enjoy these benefits when you have your own Solo 401k:
-Get unlimited checkbook control over your retirement funds
-You are in charge – there is no custodian
-Make pre-tax contributions of up to $59,000 annually ($118,000 if your spouse participates) for much higher tax deferred savings
-Take a tax-free participant loan for any purpose up to $50,000
-You will find no hidden fees unlike most Wall Street accounts
Qualifications for a Solo 401k
To be qualified for a Solo 401k you will need to meet 2 qualifications:
1. You must have self-employment or business activity. It can be part-time or full-time. While this may seem like a daunting task if you don’t already own a business, we’ll show you how you can start your own business right from your smartphone in about an hour. The All-In-One Solo 401k Investing System is designed to make your life easier and more profitable.
2. You must not have any full-time W-2 employees. Owners of businesses with full-time W-2 employees do not qualify for a Solo 401k, since as the name implies it is intended only for sole business owners (and their spouses if applicable).
Part-time W-2 employees or contract employees are allowed with a Solo 401k.
So take a look at how the All-In-One Solo 401k Investing System can benefit you. Just click the button below: