The 401k Self Employed Retirement Plan for Serious Investors

With the 401k self employed retirement account, you can have the best source of funds for your serious investments. Your retirement years are definitely secured if you are to use the Individual k plan’s retirement savings to fund your chosen investment option. Sense Financial can help you find the most lucrative and viable investments in today’s most competitive and vast economy.

Why the 401k Self Employed Account is the Best

The Owner-Only retirement plan is one of the most lucrative retirement accounts according to a lot of plan holders today. If you are a serious investor, this is the ideal retirement plan for you because you can easily access your retirement savings and use it on a wide scope of investment options. For instance, the Checkbook Control feature allows plan owners to use their retirement funds as easy as writing a check. The usual custodian consent and heaps of paperwork and documents are already eliminated from the picture because of this easy and owner-friendly feature.

Other Benefits of the 401 k Plans for Individuals

Also referred to as the 401 k plans for small business owners, the Self-Directed 401k is also ideal if you are looking for loan options. The Solo 401k retirement plan allows owners to borrow up to 50% of the total value of their retirement savings and use it to pay off debts, bills or start up a new business. The 401k self employed account guarantees quarterly repayment terms with the lowest interest rates.

With the highest annual maximum contribution, the Individual k plan also offers higher savings for the plan owner giving them more funds for future investments. In fact, according to reliable sources, the maximum contribution on a yearly basis for the Solo 401k is $57,000 which is ten times bigger than the usual IRA or traditional retirement plans.

Are you qualified to set up a Self-Directed 401k Account?

You only need two eligibility requirements in order to set up and establish the 401k self employed retirement plan. First, you must prove your self-employment activity and second, you must be a small business owner.

Get to know and understand the 401k self employed retirement plan and enjoy the upsides of this lucrative account. It is undoubtedly the best way to fund your investment on real estate, precious metals, tax liens and others today using your retirement savings for a more financially stable and productive future.