Self-Directed 401K Plans

401(k) Contribution Limits

401(k) Contribution Limits

Self-directed 401(k) contribution limits are the same as any other 401(k) plan.  As you continue through your fiscal year, keep in mind the high 401(k) contribution limits that are available to you and your plan, and plan accordingly.  Also, be cognizant of the fact that employee elective deferrals must be made by December 31 of the year in which the…read more →

401(k) Loans

Ah, the double-edged sword of 401(k) loans.  Most of us love them…even if it is only for the freedom we feel that they are available to us.  However, the double-edge of 401(k) loans is that while we have the freedom to take out the 401(k) loans, there is also the responsibility to repay the loan based on the requirements outlined…read more →

Operation of a Self-Directed 401K

The operation of a self-directed 401K is much more than just opening an account for the plan.  Unfortunately, that is how many people perceive it as the individual 401K plan has much less reporting requirements than its cousin, the multi-participant 401K plan.  While certainly not faced with the same type of reporting requirements, the operation of a self-directed 401K plan…read more →

Real Estate Agents Investing With Self-Directed IRAs

Real estate agents investing with self-directed IRAs can make some mistakes with how they execute their self-directed investments.  I wanted to write this post after a recent seminar with real estate agents, which included real estate agents investing with self-directed IRAs.  The meeting was to introduce the benefits associated with real estate agents not only establishing their own self-directed retirement plan,…read more →

Self-Administered 401(k)

The majority of references on websites (including this one) that refers to one’s ability to take investment control of their 401(k) plans refers to such plans as a self-directed 401(k).  This is certainly a common norm in the industry; however, is this term the most aptly suited for this self-directed arrangement?  Probably not.  Other than using this term for marketing purposes,…read more →

401(k) Investment Options

There are so many 401(k) investment options.  Yes, you heard that correctly, but you probably don’t believe me.  You may be in your traditional plan where your 401(k) investment options are going to be limited to the normal world of stocks, bonds and mutual funds.   But, is that the only investment options the IRS permits your 401(k) to have?  Are…read more →

Recruitment of Real Estate Agents

While this post is written more from the standpoint of a real estate broker recruiting real estate agents, it is applicable to any professional real estate agent who is interested in their career. Can a self-directed 401(k) or self-directed IRA assist a real estate broker with the recruitment of real estate agents? Possibly. Many real estate brokerage offices take an…read more →

Gifting Life Insurance to Charity

Well, one thing about how I write blogs.  Whether they are written well or poorly, whether they capture the reader’s attention or not, I will get on a topic and continue to write on the same topic for a while.  We have been on the topic of various options for giving to charities, and one topic within this arena is…read more →

Various Gifting Options for Charities

There are various gifting options for charities that a charitably-minded individual might consider.  Using a self-directed IRA or 401(k) plan to donate is not necessary, however, an individual may wish to establish a self-directed plan during the accumulation years of their plan to grow their retirement account with the freed0m and flexibility they may desire.  Also, it actually may be easier …read more →

Charitable Gift Options Using a Self-Directed 401(k)

When individuals are considering charitable gift options they rarely consider the most logical source to do such gifting….the funds that are the most taxed for estate purposes.  Okay, more simply, retirement plan account funds….specifically, for most, IRA and 401(k) funds.  It almost seems as if a prospective donor never seriously considers using such funds and, in my opinion, the charitable…read more →