Self Directed 401k –Wealth Building with your Retirement Plan

Self directed 401k Plan is one of the most viable and practical financial options for your retirement. Reputable and trusted facilitators and plan providers offer more than just the usual retirement plan. Individual 401 k is the Ultimate Retirement Plan because it offers you wealth building options which are possible through the help of your retirement savings. How? You can use and borrow your pension funds for investments that could guarantee return of big value for your money. With the Solo 401k, building your wealth and watching your retirement savings grow is part of the picture.

Self directed 401k – best retirement plan for small business

Solo 401k is the most lucrative and feasible retirement plan if you are an owner of a small business without full-time employees except for yourself and your spouse. The best thing about Ultimate Retirement Plan or Individual 401k is that you have flexible financial options and the widest range of investment opportunities. That’s because you can invest your retirement plan savings in different industries and trades including real estate, foreign currencies, stocks, mortgage notes, tax liens, tax deeds, precious metals and many others. That way you can definitely boost your wealth through the investment you embark upon and the profits from those investments.

Tax Free Investing with self directed 401k

Self Directed Solo 401k plan provides flexible and profitable investment opportunities for account holders. However, one of the most important and notable perks of this pension plan is the tax-free feature. This means that you have no tax obligations especially in paying federal income taxes for the revenues you earned from your investment when you invest using Roth sub-account of the plan. You can get the full amount of your profits and back to your retirement savings without worrying about the burgeoning tax payment. This is quite true with Sense Financial Roth 401k retirement plan which combines the features of an individual k plan and Roth IRA where you can use after-tax funds for your contributions. Hence, you get no taxes when you invest and no taxes when you earned profits for those investments.

Self directed 401k is the most reliable and highly preferred retirement plan for self-employed and small business owners. You can always consult with the financial and 401k experts at Sense Financial to learn more about this pension plan and how you can boost your wealth through the use your retirement funds and investment.