What are the differences between a Solo 401(k) and an IRA? There are a lot. Contributions, exemptions, taxes, pooling money, and more. The important ones all favor the 401(k). Our presentation shows you why if you have a business or are self employed in any way, you should strongly consider these powerful plans over an IRA. They aren’t right for everyone, but they do represent what over 80% of our clients end up choosing. They are better overall; and much better for self direction.
Self Directed 401(k) and IRA Comparison.

Learn about the “self directed” concept and IRA plans in a brief, clear, presentation. This presentation covers what you can (and can’t) invest in, several examples of investments and strategies, and an overview of the process. Go through this a couple of times and you should have a good idea if true self direction is something you’d like. It’ll only take a couple minutes and it may change the way you look at investing forever.
Self Direction Overview.

Being forced to take distributions is frustrating. Paying a large amount in taxes is very frustrating. We can help you save tremendously (between 20% to 60%+) on taxes when it comes distribution time. The CompleteIRA team will help you to safely and easily save large amounts in taxes using proven, straightforward approaches that keep more of your IRA or 401(k) distribution in your pocket. If you have a professional whom you’d like to involve, we’re glad to work with them to insure process validity and execution.

There is no better way to get more out of your retirement than by lowering expenses. With out taking on extra risk you can lower your tax bill and have more money… What we do has an impact as if you suddenly got a shot of cash rivaling half your account.
For Tax Savings on Distributions, Contact Us.

Support Documents for Self Directed Solo 401(k)s & IRAs

Here is a printable copy of the CompleteIRA timeline and process. Each client is different, and usually this process takes much less time, but it is good to be prepared in case of delays. This is designed to help you understand what we do to initially setup your checkbook controlled retirement account.
401k timeline. IRA timeline.

Highlights from the Prohibited Transactions in Publication 590
This is useful for seeing that real estate is allowed in IRAs; just follow the rules. A great many things are allowed. Reading through this handy just to realize (with some exceptions) anything not listed here is allowed. It is quite amazing how much is available to you.

Highlights from the Prohibited Transactions in Publication 560
This is useful for seeing that real estate is allowed in a 401(k) or any qualified plan; just follow the rules. Just like the highlights above, what you aren’t allowed to do is a very short list compared to what you can do. So keep some stocks if you want; but get going in some new directions that use your gifts and talents.

Highlights of a memo that mentions Roth IRA owned LLCs
The memo is about abusive actions. It is useful as it references IRA owned LLCs and has nothing bad to say about them. (Just don’t cheat on your taxes… that being something the IRS does have a lot to say about).