Top Solo 401(k) Plan Provider - IRA Financial Group - Announces Online Banking Self-Directed Solo 401(k) Plan Solution
New York, NY (PRWEB) May 18, 2015 -- IRA Financial Group, the leading provider of open architecture self-directed Solo 401(K) plan announces the introduction of an online banking solo 401(k) Plan for alternative asset investments, such as real estate. IRA Financial Group’s new online banking solo 401(k) plan application was designed to offer self-employed and small business owners with the opportunity to control their retirement account investments online and from a local bank they trust. Now, with IRA Financial Group’s self-directed solo 401(k) plan online solution, solo 401(k) plan investors can purchase stocks, mutual funds, precious metals, real estate, and much more all from their online account. “With IRA Financial Group’s self-directed Solo 401(k) plan online banking application, our self-employed and small business owners can manage their Solo 401(k) Plan retirement account and make alternative asset investments from an online bank account,” stated Susan Glass, a retirement tax specialist with the IRA Financial Group
IRA Financial Group’s solo 401K plan is unique and so popular because it is designed explicitly for small, owner only business. With IRA Financial Group’s solo 401K plan, self-employed individuals or small business owners with no employees can benefit by making high annual contributions – up to $53,000 - with an additional $6,000 catch-up contribution for those over age 50, make traditional as well as non-traditional investments, such as real estate, as well as borrow up to $50,000 or 50% of their account value tax-free and penalty free. IRA Financial Group’s self-directed 401(k) plan online platform is a trustee directed plan meaning the trustee and not the custodian is in charge of making investment decisions on behalf of the plan. With a solo 401(k) plan, in most cases the trustee will be the plan participant providing the plan participant with greater control and investment authority over his or her retirement funds. In addition, with IRA Financial Group’s s elf-employed 401K Plan, the plan account can be opened at any local bank, including Chase, Wells Fargo, and even Fidelity.
The IRA Financial Group was founded by a group of top law firm tax and ERISA lawyers who have worked at some of the largest law firms in the United States, such as White & Case LLP, Dewey & LeBoeuf LLP, and Thelen LLP.
IRA Financial Group is the market's leading “checkbook control Solo 401(k) plan provider. IRA Financial Group has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate without custodian consent.
To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.
Jaclyn Baily, IRA Financial Group, LLC, http://www.irafinancialgroup.com, +1 (800) 472-0646 Ext: 9, [email protected]
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