Finance

Have finance questions? Ask a financial expert online.

Ask an Expert,
Get an Answer ASAP!

Help with choosing provider for a solo 401k self directed.

Customer Question
It’s for me and my...
Help with choosing provider for a solo 401k self directed. It’s for me and my partner who have a new llc . We plan to open 2 but have no background in investment ie knowing what to purchase etc . The fee structure is daunting to understand but looks like a fiduciary is the way to go.
Submitted: 7 months ago.Category: Finance
Show More
Show Less
Ask Your Own Finance Question
Answered in 20 minutes by:
11/20/2017
Financial Professional: Curtis Mathews, Financial Advisor replied 7 months ago
Curtis Mathews
Curtis Mathews, Financial Advisor
Category: Finance
Satisfied Customers: 0
Experience: Owner at Self
Verified

Hi my name is***** will check a couple of thingsa nd get back with you shortly!

Ask Your Own Finance Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a financial professionalLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Rakhi Vasavada Your Own Question
Rakhi Vasavada
Rakhi Vasavada
Rakhi Vasavada, Financial and Legal Consultant
Category: Finance
Satisfied Customers: 2,609
2,609 Satisfied Customers
Experience: Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Rakhi Vasavada is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,609 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Megan C

Certified Public Accountant (CPA)

2,222 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,933 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Eric

Eric

Financial Manager

559 satisfied customers

Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.

R. Klein, EA

R. Klein, EA

Accountant

480 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

332 satisfied customers

NASD Licensed Rep, 1997-2001, Business Attorney

< Previous | Next >

Related Finance Questions
If I have a solo proprietorship and I want to make the
If I have a solo proprietorship and I want to make the business more legitimate are there steps such as establishing a bank account or registering for an EIN that I need to do? What would be your advi… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Lane, if you had to choose funds from this 401K plan, which
Hi Lane, if you had to choose funds from this 401K plan, which would you opt for? I am about 28 Years from retirement and am aggressive 95/5 in my investment approach.http://kindex.paychex.comThanks i… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Lane, I have a question about solo 401K. I own an LLC (with
Hi Lane,I have a question about solo 401K. I own an LLC (with S-corp election) and I have a solo 401k account to which I contribute 54k (2017) yearly. My wife is a partner and owns 49% of the LLC. She… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I have a S-corp and just started a solo 401k plan. According
I have a S-corp and just started a solo 401k plan. According to the solo 401k plan, i can defer $18k from employee salary to the plan and the S corp can contribute 25% of my total compensation. I'd li… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I am looking to start my retirement fund but I'm not sure
Hi, I am looking to start my retirement fund but I'm not sure which one to choose. I am self employed, I have an LLC and work from home as a writer. My income can vary anywhere from around $100,000 to… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I am wondering if you can help me figure out my tax
I am wondering if you can help me figure out my tax situation that I am planning out for next year? It involves me as a sole proprietor (real estate agent / ind contractor) possibly converting to a s-… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
I recently made a real estate investment from my Solo 401K
I recently made a real estate investment from my Solo 401K as part of a larger partnership that is purchasing an apartment complex. The 401K is a Solo 401K account that is tied to my company IMG Syste… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I'm changing employers and I have $90K in my old 401K
I'm changing employers and I have $90K in my old 401K with Charles Schwab that's growing at 5-6% annually. My new employer has a 401K plan with Merill Lynch. I live in California and my family's margi… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
If a group retirement plan dentist office wants to invest in
If a group retirement plan for a dentist office wants to invest in a private placement, are there eligibility requirements and is it required to fill out investor suitability form?… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Investment question. Are there roll over options out of a
Investment question. Are there roll over options out of a 401K to a precious metal / Gold/ IRA in the state of WA?… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I am a majority owner of an LLC partnership that is growing.
I am a majority owner of an LLC partnership that is growing. I'd like to offer a 401K program for myself and the employees. I have a few questions related to this. What type of organization or advisor… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I am exploring opening a franchise business and funding the
I am exploring opening a franchise business and funding the purchase, buildout and start up capital with funds rolled over into a self directed IRA custodial account. One consultant firm stated that I… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I want to set up SOLO 401k. Im self employed LLC without employees.
I want to set up SOLO 401k. I'm self employed LLC without employees. Can you offer a guidance with steps necessary to accomplish this.… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Solo 401k: My business is set up as sole proprietor.
Solo 401k: My business is set up as sole proprietor. I also have a solo 401(k) for myself, could my spouse, who is also an employee open up a solo 401k under my company? Or do I have to change my busi… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,222 satisfied customers
need someone who has a background in trust and fiduciary
I actually need someone who has a background in trust and fiduciary accounting, I'm looking at a trust accounting (Schedule F & it involves real property held first as tenancy in common then limited p… read more
BK-CPA
BK-CPA
Bachelor's Degree
687 satisfied customers
My employer is switching the 401(k) plan from a self-directed
My employer is switching the 401(k) plan from a self-directed plan to one with a limited investment menu. They say that I have to sell all of my investments when they go to the new plan. I paid the co… read more
Eric
Eric
Financial Manager
Bachelor's Degree
559 satisfied customers
Im looking to open a Solo 401k, as Im self employed and have
I'm looking to open a Solo 401k, as I'm self employed and have no employees. I understand that I'm able to make Roth contributions up to $16,500 per year and traditional contributions up to 25% of my … read more
Bill
Bill
Master's Degree
2,278 satisfied customers
Are there any good 401k plan offering comparison tools ...
Are there any good 401k plan offering comparison tools out there? I have visited 401kexchange.com and the amount of information is daunting.… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x