We are excited to offer a self-directed Solo 401(k) plan solution that is cost effective and does not include any asset value or transaction fees
New York, NY (PRWEB) September 30, 2016
IRA Financial Group, the leading provider of open architecture self-directed Solo 401(k) plan announces the introduction of its solo 401(k) Plan program with no account value or transaction fees. IRA Financial Group’s new self-directed checkbook control solo 401(k) plan will allow participants to invest in traditional as well as alternative asset investments, such as real estate, gold, tax liens, hedge funds, and much more with no account value or transaction. “We are excited to offer a self-directed Solo 401(k) plan solution that is cost effective and does not include any asset value or transaction fees", stated Jen David, a retirement tax specialist with the IRA Financial Group
IRA Financial Group’s individual 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 solo 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.
Adam Bergman, IRA Financial Group partner, has written six books the topic of self-directed retirement plans, including, “The Checkbook IRA”, “Going Solo,” Turning Retirement Funds into Start-Up Dreams, Solo 401(k) Plan in a Nutshell, Self-Directed IRA in a Nutshell, and in God We Trust in Roth We Prosper.
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.