Solo 401k vs Self-Directed IRA- Which Is the Better Retirement Account?

If youre looking to invest your hard-earned money into a flexible retirement account, your options are pretty diverse. However when it comes down to it kulzerdipadova the self-directed IRA and Solo are clearly the most powerful and feature-rich retirement accounts available.And while they have a lot of similarities, including Contributions and taxes You can make pre-tax and Roth after tax contributions to both accounts. Taxes are treated the same between both accounts.

How to Invest in Real Estate with a Solo 401k

For more than the past century real estate has had consistent growth. This has made it a go-to investment for investors everywhere and an lunabarandgrill important part of any thriving economy. However while real estate investing is well-known, the benefits of using a retirement account for investing in real estate especially a Solo 401k are not. Why should I use my Solo 401k to invest in real estate If you purchase real estate your own personal funds, youre going to have to pay federal…