Los Angeles, CA (PRWEB) March 19, 2014
A common denominator that makes all the clients convinced to sign up for Solo 401k is the impressive method of having checkbook control over their retirement account particularly with the Self Directed Solo 401k. The growing number of self-employed individuals setting up account with Sense Financial finds it as the best retirement plan for self employed.
“The checkbook control Solo 401(k) plan offer is astounding to me. I never knew that ability was there available for the general public. Knowing that I have the ability to control where my money goes offer a lot of security,” says J.R. from Alta Loma, CA, and an existing client of Sense Financial. He added, “Because when you just leave it to the brokerage firms, they don’t have vested interest in your retirement account and as a result, thousands of dollars can be lost. So having a full control over my retirement account is very amazing!”
Sense Financial, an expert in retirement planning, elaborates further to the general public how self directed retirement accounts with checkbook control are beneficial for self-employed workers and how the other features contained with this kind of retirement plan could maximize the account’s principal funds.
Checkbook control in self directed 401k is time efficient and cost effective. It is a tool to minimize the time being wasted in signing checks as well as contracts. Transaction-based fees and process delays involving a custodian could also be avoided. There are virtually unlimited opportunities in terms of investments including real estate, private businesses, tax liens and tax deeds to name a few. Having these diversified investment options simply means account owners have their respective choices where to grow their funds.
Another main advantage of checkbook control with the non-involvement of a custodian is the plan holder’s full and direct access to his own account. With this, managing the funds to where the account owner wishes to invest them could be decided upon quickly and investment process could be expedited by simply signing a check or through wire transfers from the account. These are some of the reasons why clients view this as the best retirement plan for self employed.
As per the protection of account, Sense Financial added that the LLC structure offers one form of protection brought by its limited liability structure. In case of attack, all retirement account assets will be protected even those held outside the LLC.
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 information about Solo 401(k) for self-employed real estate agents, please visit http://www.sensefinancial.com