True Diversification of Retirement Plans for the Self Employed, Introduced by Sense Financial

Share Article

Sense Financial explains how different investment opportunities as well as the eligibility to make roth and non-roth contributions can help account holders achieve true diversification in their retirement plans for the self employed.

Diversification of investment choices and total control of their retirement plan are just few of the benefits that the Solo 401k offers.

Retirement account holders can achieve true diversification of their retirement account through the features provided by the Solo 401k. Retirement plans for the self employed such as the self directed retirement accounts give individuals unlimited investment opportunities which a traditional 401k could not provide. Tax diversification of retirement funds can also be achieved because the Solo 401k has a built-in Roth sub account feature where an individual can easily assign certain portion of his contribution on a post-tax basis.

In a traditional 401k, investing in real estate and other kinds of investments is not permitted because retirement savings are only allowed to be invested in stock market and mutual funds. A lot of people are beginning to lose their confidence in the stock market because of its instability. Some would even testify how they lost thousands of dollars in their retirement savings over the past years. Solo 401k’s self-directed retirement plans for the self employed would be the most viable choice for individuals who want to invest their retirement money in real estate, private businesses, precious metals, tax liens and tax notes, and other investment opportunities. Diversification of investment choices and total control of their retirement plan are just few of the benefits that the Solo 401k offers.

Another true diversification that an individual could benefit from this plan is the tax diversification of their retirement savings. Originally, Solo 401k contributions are done on a pre-tax basis, but since a roth 401k sub account feature is also available, this makes it easy for account owners to allot an after tax contribution to their plan while making pre-tax contribution at the same time. Tax diversification is ideal for account owners who still got a long way to go until they retire, and falling under high tax bracket later in life could be possible. In this way, individuals could have access to both tax-free and taxable retirement plans for the self employed when they cash out their funds in retirement.

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

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Jessica Santo - Retirement Accounts with Checkbook Control
Like >
Follow us on
Visit website