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I've just retired. I have a some money in my employer (now
I've just retired. I have a some money in my employer (now former emplyer) sponsored 401k. I want to roll this into a new plan, perhaps an individual 401k, so I have a wider choice of investment optio… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I have a solo401k and want to use funds to purchase an
I have a solo401k and want to use funds to purchase an investment property in Madrid Spain. Spain does not recognize this type of entity so I have to create a c Corp in Spain with my Solo401k as the o… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,980 satisfied customers
I looked at the firms that u sent me. Most don't do a solo
This is for Lev. I looked at the firms that u sent me. Most don't do a solo 401 for building spec houses. The one u seemed to recommend was confusing. So I called and he was vague. He sent me email an… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,494 satisfied customers
I'd like to set up a Solo 401K. It is my understanding that
I'd like to set up a Solo 401K. It is my understanding that I first need to set up a Trustee, which would be myself, and I need an Operating Agreement and 401K Policy document on file for the account.… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,980 satisfied customers
I have a traditional IRA account that has accumulated funds
I have a traditional IRA account that has accumulated funds rolled over from past places of employment. I want to use those funds to purchase real estate for investments. I would like to set up a Solo… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
4,994 satisfied customers
I have a high income W-2 where I typically max out my 401k
I have a high income W-2 where I typically max out my 401k contribution. This year I'm starting a consulting business on a 1099. Can I setup a Solo 401k in addition to my W-2 401k? If so, can I contri… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
4,994 satisfied customers
I started a sole proprietor LLC in 2015. Am I eligible to
I started a sole proprietor LLC in 2015. Am I eligible to set up and contribute to a self-employment 401k? If so, what steps are required to do so?… read more
Anne
Anne
Master Tax Preparer
3,422 satisfied customers
both my husband and I have IRAsfrom companies no longer
Hi both my husband and I have IRAsfrom companies no longer in business -we are in the beginning stages of starting a real estate business and wondered if we could roll both into 1 solo 401k… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,494 satisfied customers
I initiated a rollover of my CalPERS pension funds (401a) into
I initiated a rollover of my CalPERS pension funds (401a) into a Solo 401k. It turns out that I had both pre-tax and after-tax contributions, so they sent me one check payable to my Solo 401k, and one… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
How can I maximize tax savings for 2013 . Husband pays into
How can I maximize tax savings for 2013 . Husband pays into 401K I don't qualify for 401 K so I will contribute to Traditional IRA account for the year . What else can we do to lower tax liability at … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,980 satisfied customers
Hello, I am considering rolling over my traditional IRA account
Hello, I am considering rolling over my traditional IRA account into a **SOLO** 401K, in order to put some of the funds into precious metals, and store them nearby (like a bank safety deposit box). I … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
29,980 satisfied customers
I would like to put some of my 401K money into a self directed
I would like to put some of my 401K money into a self directed IRA. I am 56 years old and I am concerned about the economy. My younger brother has one setup and I would like to know more about them an… read more
R. Klein, EA
R. Klein, EA
Tax Advisor
Master's Degree
4,670 satisfied customers
I use Quickbooks and Turbo Tax Personal and Business. I have
I use Quickbooks and Turbo Tax Personal and Business. I have a two person (husband and wife) LLC which files as a partnership (wife is inactive). This year I opened a solo 401K for myself. I do not kn… read more
R. Klein, EA
R. Klein, EA
Tax Advisor
Master's Degree
4,670 satisfied customers
I am considering purchasing several section 8 houses for rental
I am considering purchasing several section 8 houses for rental income. I'd like to use my 401k to fund the purchases. I've been told by several organizations that I can avoid paying income taxes and … read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
924 satisfied customers
Hi, Last Year, I opened my LLC for Internet business and
Hi, Last Year, I opened my LLC for Internet business and later in september I opened a Non-profit organization and I have the following question: 1) can I use LLC opened for interent business for Real… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,494 satisfied customers
Question about how self-directed IRA works. Suppose I have
Question about how self-directed IRA works. Suppose I have $50k in my traditional IRA, i roll it over to a self-directed IRA. I set up an LLC and puts $10k into it. Then I instruct the custodian to in… read more
MequonCPA
MequonCPA
CPA Firm Owner
Master's Degree
1,732 satisfied customers
I did some contracting work in the 80s. Self employed, sole
I did some contracting work in the 80's. Self employed, sole proprietor. I set up and contributed to a Keogh. Have not contributed to it since. I am 59. Will likely never be a sole proprietor again. K… read more
Gerri A Harrison CFP EA
Gerri A Harrison CFP EA
Financial advisor/Tax preparer
Bachelor's Degree
206 satisfied customers
The company I co-founded and co-own and used to be employed,
The company I co-founded and co-own and used to be employed, is now offering 401K plan. Currently, I am just a co-founder and minority shareholder in the company, e.i., I am not an employee but I rece… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,494 satisfied customers
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