Self directed Solo 401k

  • Solo 401k – Qualified retirement plan for only the business owner and spouse.
  • Can be self directed (You are specifically control and have the authority of what the funds are invested in)
  • May deduct the employee portion and business portion
  • Does not need to file if assets below $250k.
  • Can invest in stocks, bonds, funds, real estate,crypto currency, and commodities with specific provisions.
  • Can choose to Roth found with post-tax income (you can't deduct your contributions on your income taxes. Once you have done this, all future withdrawals that follow Roth IRA regulations are tax free.)
  • Can transfer assets out of current 401k without penalty.