Ever wonder if an entrepreneur with no employees can start a 401(k) — just like the “Big Boys?” Meaning, do you have to employees to start a retirement plan? Yes, an entrepreneur or small business person with no employees can, in fact, have a 401(k) plan just like Boeing’s plan, Google’s plan, or Microsoft’s plan. The difference,...
Category: Qualified Plans
What? Real Estate in IRAs?!
Despite rumors suggesting otherwise, yes, you can invest your Individual Retirement Account (IRA) and qualified plan assets (401(k)s, Roth 401(k)s, Defined Benefit Plans, etc) in different ways. As a matter of fact, you could, in fact, invest those assets into real estate and sometimes make a nice rate of return. Maybe as high as 20%....