by Trysten Will | Jun 28, 2022 | Podcast, Solo 401k
EP 62: Solo 401(k) Required Filings and Avoiding Common Mistakes Mat and Mark outline common mistakes made in solo 401(k)s (aka, QRPs) when it comes to creation, documentation, contributions, handling of funds, and filings. They cover plan documents and update...
by Mat Sorensen | Jun 22, 2022 | Blog, Latest Posts, Podcast, Solo 401k
Solo 401(k)s have become a popular retirement plan option for self-employed persons. These plans put the business owner in control of the plan but with that control also comes responsibility. Unfortunately, many solo 401(k) plans are not properly maintained and are at...
by Mat Sorensen | Jan 11, 2022 | Blog, Podcast, Solo 401k
As 2021 has come to an end, it is critical that Solo 401(k) owners understand when and how to make their 2021 contributions. There are three important deadlines you must know if you have a Solo 401(k) or if you plan to set one up still for 2021. A Solo 401(k) is a...
by Mat Sorensen | Nov 5, 2021 | Blog, Podcast, Solo 401k
HSA limits increase as well, while Traditional and Roth IRA limits remain unchanged. The IRS increased 2022 contribution limits for self-employed persons who contribute to a SEP IRA or Solo 401(k) from $58,000 to $61,000. For those 50 or older, there is also a $6,500...
by Mat Sorensen | Jun 28, 2021 | Podcast, Solo 401k
EP 31 – 401k and ROTH Strategies In this week’s episode of the Directed IRA Podcast, Mark and Mat outline a variety of strategies to help you take control of your retirement and maximize your retirement savings. Show More Mat Sorensen: Welcome, everyone,...
by Mat Sorensen | Jun 18, 2021 | Podcast, Solo 401k
EP 30 – Who Should I List as my Beneficiary for my Self-Directed IRA or Solo 401k Choosing a beneficiary for your retirement accounts isn’t always a clear-cut decision. In this episode of the Directed IRA podcast, Mark and Mat outline the pros and cons of...