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Dmitriy Fomichenko's Blog – November 2012 Archive (2)

The Solo 401k Plan: Are There Rules and Regulations I Should Know First?

Have you ever wondered how a Solo 401k plan works and what makes it different from the more traditional 401(k) plan?

Solo 401k plan is a plan that is designed for business owners that don’t have any other employees, besides themselves and their spouse. It’s not a new…

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Added by Dmitriy Fomichenko on November 9, 2012 at 11:46pm — No Comments

Re-Election of President Obama Has Investors Turning to Solo 401(k) Plans

With Election Day finally here and the race for the White House as tight as it has ever been, many Americans are already planning ahead in case of a Barack Obama victory.

The re-election of President Obama would almost certainly mean an increase in the capital gain tax rate from 15% to 20% for…

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Added by Dmitriy Fomichenko on November 6, 2012 at 10:30am — No Comments

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