Solo 401(k)s For the Self-Employ

What do a 401(k) and a tax deed have in common? Well if you are self-employed and one day want to retire, working with an experienced attorney in forming what’s called a “Solo 401(k)” (also known as a “self-directed Solo 401(k)”) would allow you to invest in alternative assets such as tax deeds, tax liens, private equity, real estate, mortgage notes, personal lending, stock-bond investments, and more.

Solo 401(k)s are qualified retirement plans for self-employed individuals and/or business owners who do not have any employees. They offer both pros and cons: While featuring investor-friendly options and high contribution limits, they also carry strict eligibility requirements, such as some form of self-employment and not carrying any employees whatsoever (other than your spouse).

More on the Benefits

Solo 401(k)s can help you work towards accumulating savings that will be sufficient for your retirement precisely because they feature:

  • High contribution limits; for example, allowing you to contribute up to $54,000 in one year (versus $5,500-$6,500 in individual retirement accounts);
  • More flexibility when it comes to selecting different types of investments, such as tax liens, tax deeds, real estate, and more;
  • The option of a Roth Solo 401(k), which does not feature any income limits and allows you to make higher annual after-tax contributions ($18,000 or $24,000, depending upon your age), allowing your money to grow tax-free; and
  • The ability to borrow without having to worry about the loan coming due if your employment changes.

When it comes to self-directed 401(k)s, participants can very literally invest in whatever they wish (unlike the circumstances of traditional brokerage retirement accounts). Some of the most common examples that those with self-directed 401(k)s invest in include real estate (both commercial and residential), rentals, tax liens, foreclosures, and others. They also eliminate the need for a custodian, as is required with IRAs.

The Rules

When it comes to rules and limitations, there are really only two rules for self-directed 401(k)s:

  • You cannot invest in collectibles (for example, works of art or cars); and
  • The plan forbids you from doing business with particular individuals known as “disqualified persons” (this describes an individual who is providing services to the plan [such as fiduciary services] and engaging in prohibited transactions).

An example of engaging in a transaction with a disqualified person would be if the plan participant, for example, purchased a condo and let their son live there. Another prohibited transaction might involve direct or indirect lending of money, such as signing a loan guarantee for the Solo 401(k) plan, or receiving direct or indirect benefits of the plan by purchasing property and charging a management fee.

link to article here @

http://startribune.com/self-employed-a-solo-401-k-may-be-worth-considering/420016753/

http://www.cloudwillis.com/2017/06/05/solo-401ks-for-the-self-employed/

This Week’s Torah Portion

This Week’s Reading: Ends 10/8/22

This Week’s Reading: Ends 10/8/22

This Week’s Portion #53 Ha’azinu | האזינו | “Give ear!/Listen” አድምጡ | ‘Ad’mT’u *For a PDF version of All the Torah Portions Schedule, click here to download! 1. […]

Chant a Psalm a Day! Psalms Of David | In Amharic and English

Rastafari Sabbathical - YouTube Channel

Ten Commandments-Amharic Word Art
Rastafari Groundation: Ethiopian-Hebrew Calendar Compilation 2017-2018
Invitation | Rastafari Order of the Church of KRSTOS
MeQuTeria (3 Fold)
Eternal Life New Covenant Creed
TESTIFY Tuesdays | #RasTafari #DSR Discipleship Radio @LOJSociety
A’EMMRO | AYMERO Rastafari Study Tracts
WOMB-Man Wednesdays | #DSR Discipleship Radio | #RasTafari #LionOfJudah @LOJSociety
WOMB-Man Wednesdays | #DSR Discipleship Radio | #RasTafari #LionOfJudah @LOJSociety
UPPER Room Of Zion | #RasTafari Discipleship Radi0 #DSR @LOJSociety
UPPER Room Of Zion | #RasTafari Discipleship Radi0 #DSR @LOJSociety
Thank JAH It’s Friday! | #TJIF #Rastafari Sabbath Eve @LOJSociety
Rastafari Midrashim | Rastafari Talmud
Ras Tafari Renaissance | A Site For The Blind I’yz
Cross Eyed Cricket Farms | Sustainable Agriculture
RasTafari Redemption | Ethiopian-Hebrew RasTafari Heritage
Parsha Overview #RasTafari Discipleship Radi0 #DSR @LOJSociety
Torah Portions
Haile Selassie I Amharic Bible & E.O.T.C. Liturgy Book
Sayings Not Found in Scripture
Ethiopian Anthem 1930 Translated by Ras Iadonis Tafari
Ethiopian World Federation Archive
A’EMMRO | AYMERO Rastafari Study Tracts
Ethiopian World Federation Archive
Majority | Minority | Summary Report of Report of Mission to Africa | 1961
Rastafari Groundation
The Lion Of Judah Society
RasTafari Groundation | Lion Of Judah Society Subscribe
Rastafari Sabbathical @LOJSociety Rastafari Ministry Teachings
Our Father Prayer In Amharic Poster
Ten Commandments Amharic Word Art
RASTAFARI PRISON MINISTRY
RasTafari Groundation Volunteer
Rastafari Groundation: Ethiopian-Hebrew Calendar Compilation 2017-2018
Engage Language
RasTafari Groundation | Lion Of Judah Society Subscribe
RasTafari Groundation | Lion Of Judah Society
Invitation-Rastafari-Order-of-the-Church-of-KRSTOS
Chant A Psalm A Day
MeQuTeria (3 Fold)
Daily Psalms Reading Schedule
Eternal Life New Covenant Creed
Haile Selassie I Bible Quotes
Eyesus Kristos - Lalibela
#RasTafari Discipleship Radi0 #DSR @LOJSociety
TESTIFY Tuesdays | #RasTafari #DSR Discipleship Radio @LOJSociety
The Lord's Prayer in Hebrew
TESTIFY Tuesdays DSR Discipleship RadiO
Haile-Selassie-I-Groundation
A’EMMRO | AYMERO Rastafari Study Tracts
#RasTafari Discipleship Radi0 #DSR @LOJSociety
WOMB-Man Wednesdays | #DSR Discipleship Radio | #RasTafari #LionOfJudah @LOJSociety
beyoutillfull love - Mariama Tené
WOMB-Man Wednesdays | #DSR Discipleship Radio | #RasTafari #LionOfJudah @LOJSociety
Zaji Magazine - THE MUSICAL ADVENTURES OF SAINT GEORGE Classical African and World History Curriculum
#RasTafari Discipleship Radi0 #DSR @LOJSociety
UPPER Room Of Zion | #RasTafari Discipleship Radi0 #DSR @LOJSociety
Ras Tafari Renaissance | A Site For The Blind I’yz
Ras Tafari Renaissance sabbath companion booklet - yefdeyah
UPPER Room Of Zion | #RasTafari Discipleship Radi0 #DSR @LOJSociety
#RasTafari Discipleship Radi0 #DSR @LOJSociety
Thank JAH It’s Friday! | #TJIF #Rastafari Sabbath Eve @LOJSociety
Rastafari Midrashim | Rastafari Talmud
Army Gideon TV
Ras Tafari Renaissance | A Site For The Blind I’yz
Cross Eyed Cricket Farms | Sustainable Agriculture
The Secret of Gingerbread Forest
RasTafari Redemption | Ethiopian-Hebrew RasTafari Heritage
Wendim Ras Mario Tafari | RASMARIOI VIDEOS
Ras Beruku Tafari | With-In The Tabot | LOJ SOUTH
Enroll - The Hidden Empire Classical African and World History
Parsha Overview #RasTafari Discipleship Radi0 #DSR @LOJSociety
Haile Selassie I Bible Study
Torah Portions Study
Rastafari Sabbathical @LOJSociety
Rastafari Midrashim | Rastafari Talmud
Ras Tafari Renaissance | A Site For The Blind I’yz
Ras Dipi Publicaciones - Blogspot-Entrada-Triunfante
Zaji Magazine - THE MUSICAL ADVENTURES OF SAINT GEORGE Classical African and World History Curriculum
Sahar Ahad Tafari | Tewahedo1000 | Twist Wun Music
DSR2-1280 × 800
Education Is The Key3 | HiEL Tafari
Ethiopian Warrior Fast - Ras Mikael Raah Selassie
Melek Media House
WSPManifests-YouTube
EMERALD MUSIC INC | Sahar Ahad Tafari
IYAH-BRANCH-SOUND
Ras Tafari Renaissance | A Site For The Blind I’yz
The Secret of Gingerbread Forest
Haile Selassie I
Haile Selassie I Amharic Bible & E.O.T.C. Liturgy Book
Our Father Prayer In Amharic Poster
Our Father Prayer In Amharic Poster
Sayings Not Found in Scripture
Our Mother Prayer In Amharic የእመቤታችን ጸሎት
Our Mother Prayer In Amharic የእመቤታችን ጸሎት
Ethiopian Anthem 1930 Translated by Ras Iadonis Tafari
Haile Selassie I Speeches
Ethiopian World Federation Archive
Daily Psalms Reading Schedule
A’EMMRO | AYMERO Rastafari Study Tracts
The Beatitudes Amharic
Ethiopian World Federation Archive
Ethiopian World Federation Archive
Majority | Minority | Summary Report of Report of Mission to Africa | 1961
ASK Matthew 7-7
loj-mission
Rastafari Groundation-Subscribe
Ethiopian Shirts Shop
Ethiopian Dresses Shop
Ethiopian Scarves Shop
Ethiopian Bags Shop
Ethiopian Scarves Shop
Ethiopian Bags Shop
Rastafari Groundation-Subscribe
Haile-Selassie-I
RastafariGroundation-Plants2
RastafariGroundation-technology (1)
RastafariGroundation-Ethiopian-traditional-herbal-medicine
previous arrow
next arrow
The Lion Of Judah Society
RasTafari Groundation | Lion Of Judah Society Subscribe
Rastafari Sabbathical @LOJSociety Rastafari Ministry Teachings
Our Father Prayer In Amharic Poster
Ten Commandments Amharic Word Art
RASTAFARI PRISON MINISTRY
RasTafari Groundation Volunteer
Rastafari Groundation: Ethiopian-Hebrew Calendar Compilation 2017-2018
Engage Language
RasTafari Groundation | Lion Of Judah Society Subscribe
RasTafari Groundation | Lion Of Judah Society
Invitation-Rastafari-Order-of-the-Church-of-KRSTOS
Chant A Psalm A Day
MeQuTeria (3 Fold)
Daily Psalms Reading Schedule
Eternal Life New Covenant Creed
Haile Selassie I Bible Quotes
Eyesus Kristos - Lalibela
#RasTafari Discipleship Radi0 #DSR @LOJSociety
TESTIFY Tuesdays | #RasTafari #DSR Discipleship Radio @LOJSociety
The Lord's Prayer in Hebrew
TESTIFY Tuesdays DSR Discipleship RadiO
Haile-Selassie-I-Groundation
A’EMMRO | AYMERO Rastafari Study Tracts
#RasTafari Discipleship Radi0 #DSR @LOJSociety
WOMB-Man Wednesdays | #DSR Discipleship Radio | #RasTafari #LionOfJudah @LOJSociety
beyoutillfull love - Mariama Tené
WOMB-Man Wednesdays | #DSR Discipleship Radio | #RasTafari #LionOfJudah @LOJSociety
Zaji Magazine - THE MUSICAL ADVENTURES OF SAINT GEORGE Classical African and World History Curriculum
#RasTafari Discipleship Radi0 #DSR @LOJSociety
UPPER Room Of Zion | #RasTafari Discipleship Radi0 #DSR @LOJSociety
Ras Tafari Renaissance | A Site For The Blind I’yz
Ras Tafari Renaissance sabbath companion booklet - yefdeyah
UPPER Room Of Zion | #RasTafari Discipleship Radi0 #DSR @LOJSociety
#RasTafari Discipleship Radi0 #DSR @LOJSociety
Thank JAH It’s Friday! | #TJIF #Rastafari Sabbath Eve @LOJSociety
Rastafari Midrashim | Rastafari Talmud
Army Gideon TV
Ras Tafari Renaissance | A Site For The Blind I’yz
Cross Eyed Cricket Farms | Sustainable Agriculture
The Secret of Gingerbread Forest
RasTafari Redemption | Ethiopian-Hebrew RasTafari Heritage
Wendim Ras Mario Tafari | RASMARIOI VIDEOS
Ras Beruku Tafari | With-In The Tabot | LOJ SOUTH
Enroll - The Hidden Empire Classical African and World History
Parsha Overview #RasTafari Discipleship Radi0 #DSR @LOJSociety
Haile Selassie I Bible Study
Torah Portions Study
Rastafari Sabbathical @LOJSociety
Rastafari Midrashim | Rastafari Talmud
Ras Tafari Renaissance | A Site For The Blind I’yz
Ras Dipi Publicaciones - Blogspot-Entrada-Triunfante
Zaji Magazine - THE MUSICAL ADVENTURES OF SAINT GEORGE Classical African and World History Curriculum
Sahar Ahad Tafari | Tewahedo1000 | Twist Wun Music
DSR2-1280 × 800
Education Is The Key3 | HiEL Tafari
Ethiopian Warrior Fast - Ras Mikael Raah Selassie
Melek Media House
WSPManifests-YouTube
EMERALD MUSIC INC | Sahar Ahad Tafari
IYAH-BRANCH-SOUND
Ras Tafari Renaissance | A Site For The Blind I’yz
The Secret of Gingerbread Forest
Haile Selassie I
Haile Selassie I Amharic Bible & E.O.T.C. Liturgy Book
Our Father Prayer In Amharic Poster
Our Father Prayer In Amharic Poster
Sayings Not Found in Scripture
Our Mother Prayer In Amharic የእመቤታችን ጸሎት
Our Mother Prayer In Amharic የእመቤታችን ጸሎት
Ethiopian Anthem 1930 Translated by Ras Iadonis Tafari
Haile Selassie I Speeches
Ethiopian World Federation Archive
Daily Psalms Reading Schedule
A’EMMRO | AYMERO Rastafari Study Tracts
The Beatitudes Amharic
Ethiopian World Federation Archive
Ethiopian World Federation Archive
Majority | Minority | Summary Report of Report of Mission to Africa | 1961
ASK Matthew 7-7
loj-mission
Rastafari Groundation-Subscribe
Ethiopian Shirts Shop
Ethiopian Dresses Shop
Ethiopian Scarves Shop
Ethiopian Bags Shop
Ethiopian Scarves Shop
Ethiopian Bags Shop
Rastafari Groundation-Subscribe
Haile-Selassie-I
RastafariGroundation-Plants2
RastafariGroundation-technology (1)
RastafariGroundation-Ethiopian-traditional-herbal-medicine
previous arrow
next arrow

RasTafari TV™ | 24/7 Strictly Conscious Multimedia Network

Ras Tafari Renaissance | A Site For The Blind I’yz

Rastafari Midrashim | Rastafari Talmud

Army Gideon TV | Organic Reggae

Pin It on Pinterest

Share This
Skip to toolbar