Solo 401k is The Ultimate Retirement Plan for Real Estate Agents

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Sense Financial study reveals that real estate agents can significantly reduce their tax liability by establishing Solo 401k Plan, which is a qualified retirement plan designed for self-employed people.

Solo 401k Checkbook Control
Solo 401k funds can be invested into virtually any asset including real estate

Sense Financial Services, leading provider of retirement account with checkbook control, has seen an increase in the number of real estate agents using self-directed Solo 401k plans as an investment vehicle for using their retirement accounts to invest in non-traditional assets such are real estate, mortgage notes and many other non-traditional investments.

Many self-employed real estate agent recognize the importance of maintaining financial security for their families. Solo 401k Plan is a qualified retirement plan specifically designed for the self-employed individuals or small business owners and offers very powerful features not found in conventional retirement plans such as IRA or 401k.

Solo 401k plan is a tax efficient and flexible retirement solution that will open up a world of investment opportunities with unlimited potential for real estate agent and other self-employed people. The retirement funds can be used to invest in Real Estate, Mortgage Notes, Tax Deeds, Tax Liens and much, much more. Some real estate agents were able to increase their sales by educating their self-employed prospects about this plan and helping them find rental property as an investment for their retirement accounts.

The difference between a Solo 401k and a Self-Directed IRA is that the Solo 401k plan allows investing into almost any time of investment at participant’s own discretion – with no need for a custodian’s consent. Many people found themselves being forced to invest in stocks market. They experienced the freedom of a retirement account with checkbook control, giving them the ability to have total control of their retirement accounts and what they can invest in.

Here are some of the unique benefits Solo 401k plan offers:

  •     High Solo 401k contribution limits (up to $55,500)
  •     Asset protection and estate planning
  •     Roth sub-account allowing tax free investing
  •     Solo 401k Loan feature, allowing participant to borrow up to $50,000 from the account for any purpose
  •     Virtually limitless investment options

Participants must be aware of Internal Revenue Code Section 4975 which outlines certain "prohibited transaction". But apart from those prohibitions, Solo 401k funds can be used to fund many investment options, from public and private stocks to real estate and commercial paper.
To learn more information about Solo 401(k) for self-employed real estate agents, please visit

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Dmitry Fomichenko
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