The main focus of the blog will be self-directed retirement plans and their potential for building wealth.
Los Angeles, CA (PRWEB) February 27, 2013
Sense Financial Services announces its new blog as a resource to educate investors about various aspects of Solo 401k Plan, a retirement investment vehicle designed specifically for self-employed and small business owners. The blog offers information on finance building strategies and other valuable advice. The blog also includes perspectives on current events and their effects on readers’ finances. Articles are constantly added to the blog to inform and equip readers to improve their financial health.
The main focus of the blog will be self-directed retirement plans and their potential for building wealth. The Solo 401k retirement plan and its advantages will be highlighted on the blog.
The Solo 401k is a simplified version of the conventional 401k, but it is designed owner-only type of businesses. As a 401k, it carries the same rules and regulations. However, the plan is singular in the advantages it offers, such as: high contribution limits, checkbook control, owner as trustee, unlimited investment capabilities, and a loan feature, which can be use for any reason.
Self-directed retirement plans are often underutilized as a financial tool due to a lack of awareness. Though most are familiar with conventional retirement accounts such as 401k, Traditional and Roth IRAs, 403b, 457 or SEP IRA plans, many are unaware of the self-directed plans such as Solo 401k and Checkbook IRA.
Sense Financial’s new blog seeks to inform the public of self-directed retirement plans, specifically Solo 401k, and to show their potential to improve retirement future. The company has been dedicated to educating the public on the Solo 401k, and this blog is their newest resource.
A recent post on the blog highlights the recent IRS increases in Solo 401k contribution limits. In 2013, the contribution limit was increased to $56,500 for those age 50 and older, and $51,000 for those under the age of 50. These increases offer participants a greater potential to shelter income, the post explains. The blog also elaborates on the details that plan owners need to know in order to take full advantage of this recent change.
Additional blog posts feature strategies for money management and building financial health. Tips dealing with managing household budgets and decreasing debt are also provided.
The blog can be found at: http://www.sensefinancial.wordpress.com. Visitors can subscribe to the blog to be notified of new articles as they are posted.
About Sense Financial Services:
Sense Financial is California's leading provider of retirement accounts with “Checkbook Control”: the Solo 401k and the Checkbook IRA. Over the years, they have assisted hundreds of clients obtain checkbook control over their retirement accounts while providing them with the ability to invest in virtually any investment class, including real estate, private lending, mortgage notes and much more without the need for custodian approval.
To learn more about the solutions they provide, please contact: (949) 228-9393.