The IRS provides a a fix-it guide for those who didn't file a Form 5500 this year which is outlined below, and can be found on their...

Complete with info graphics and a real-life case study, the article below provides the most relevant information needed to understand...

To properly answer this question, let me first explain the difference between a Self-Directed Solo 401(k) Plan and a Self-Directed Solo...

There are several ways to put money into your self-directed solo 401(k) account. It is a great vehicle to consolidate other pre-tax...

As found on the IRS's website: Retirement Topics — Required Minimum Distributions (RMDs) | Internal Revenue Service (irs.gov): "You...

Self-Directed Solo 401(k)s are a great way for eligible nonemployer business owners to save on taxes by deferring till retirement. They...

When considering the type of investments that you want and how they will be used in your self-directed solo 401(k) certain rules must be...

The Texas Society of CPA’s bimonthly magazine, Today’s CPA, just released the online version (print to follow in the coming weeks) of...

When it comes to retirement plans for people who (1) earn income from self-employment, and (2) don’t have any full-time W-2 employees...

“I can’t get my business moving forward without capital and I can’t get capital without having an established (and solvent) business.”...

There’s still time to save/defer your tax liability for 2020. Here’s a case study as an example of how a self directed solo 401k can help...

One of the key benefits to adopting a self directed solo 401k is having complete control over the plan investments and assets as the plan...

As discussed in my post last week, I receive all kinds of questions related to Self-Directed Solo 401(k) plans. Here are some more of the...

One of my favorite things to do is answer questions about Self-Directed Solo 401(k)s. No, really! I enjoy helping people understand how...

An important note about the Self-Directed Solo 401(k) plan adoption deadline has been added to the bottom of this article, originally...

As explained in previous posts and in this video, people who earn self-employment income as independent contractors and business owners...

Aside from contributing to a Self-Directed Solo 401(k) with pre-tax dollars, Roth and Voluntary After-Tax contributions can also be made....

To properly answer this question, let me first explain the difference between a Self-Directed Solo 401(k) Plan and a Self-Directed Solo...

Which is better, a SEP IRA or a Self-Directed Solo 401(k)? I recently wrote this article for The Daily CPA, an online publication for tax...

For purposes of qualifying to adopt and contribute to a Self-Directed Solo 401(k), you must have earned income from self-employment. But...