Self-Directed Solo 401(k) vs. Self-Directed IRA

Подписаться 11 тыс.

Просмотров 2,3 тыс.

50% 1

John Bowens breaks down the differences between a Self-Directed IRA and a Self-Directed Solo 401(k).
Find out the qualifications, contribution limits, and pros and cons for each account... to help you determine which account type may make the most sense for you.
There are specific requirements to qualify for a Self-Directed Solo 401(k), and John walks through and explains the IRS rules.
Schedule a consultation to get started or learn more about which account might make sense for you: www.trustetc.com/lp/consultat...
Equity Trust Company is a directed custodian and does not provide tax, legal or investment advice. Any information communicated by Equity Trust Company is for educational purposes only, and should not be construed as tax, legal or investment advice. Whenever making an investment decision, please consult with your tax attorney or financial professional.

Опубликовано:

7 фев 2022

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 8

@JLW667 2 месяца назад

7:02 Earned Income is how you contribute 7:16 13:06 Roth Component

@TheRoseJang Год назад

Great!!! Thank you so much!! I am the one the newbi investors. I learned a lot!! The best!

@stacyhackney6100 2 года назад

Thank you

@magicdoty 2 года назад

The biggest reason why I have a Solo 401k is the fact that I can be my own custodian. You have to be very careful not to comingle. But I do not have to ask to get money to have a house painted. I did miss that 5500 the first year, you are right.

@EricRamos747 2 года назад

What's best for a self employed filing schedule c. Besides a roth? In the service business?

@equitytrustcompany 2 года назад

Your options might include the Solo 401(k), SEP IRA, and SIMPLE IRA. The best plan will depend on your reported self-employment income and whether you are looking for tax-deferred or post-tax (Roth) savings. We recommend you speak to your CPA who could analyze and make a recommendation with regard to which account type would make the most sense for you.