Sense Financial Services Debuts Roth Individual 401k Plan
Yorba Linda, CA (PRWEB) July 23, 2013 -- Top market leader in financial investment Sense Financial Services LLC introduced Roth Solo 401k to its wide market and customer base today. The retirement savings plan is a combination of two popular and well known retirement plans. Congress in 2006 initiated the union of Individual 401 k plan with equally renowned retirement account Roth IRA into one convenient and lucrative plan. The retirement Roth 401k information is readily available for interested retired investors who want to boost their retirement funds and finances and use them in profitable investment ventures.
Roth Solo 401k plan offers the same perks and benefits of the 401k plan; however, it has more advantages because it also enjoys tax efficiency and benefits offered in Roth-type contributions. 401k rollover to Roth also offer the same contribution limits as that for solo 401k accounts. However, the plan holder could designate and allocate his contributions through options such as salary deferral which is the same method for Roth accounts.
With the Roth Individual 401 k plan, contributions are likewise made using after-tax dollars which is similar to that of Roth IRA. According to experts at Sense Financial, plan holders and investors could enjoy tax-free benefits with the Roth Solo 401k account as they are not liable to any tax-deductions. The withdrawals that the investor will transact during their retirement will also not be deducted with income tax. This is possible if the self-employed account holder has an active Roth Solo 401k plan for 5 years the least and is at least 59 1/2.
Experts believe that income tax rates for both federal and state will be increasing in the near future and the best option to take is gaining tax-free privileges for retirement investments. Through Roth Individual 401 k plan, self-employed retired investors could venture into real estate, private business investments, tax liens, currencies and precious metals with tax-free benefits. Sense Financial claims that the Roth Solo 401k plan is a remarkable option for retired, self-employed investors who want to generate tax-free savings for their retirement and boost their retirement funds through investment on fields they desire without any consent from custodians and with higher contribution limits.
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.
Dmitriy Fomichenko, Sense Financial Services, (949) 228-9393, [email protected]
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