connect with us:
Follow us on Facebook
Follow us on LinkedIn
Follow us on Google+

Solo 401k – The Ultimate Retirement Plan for Real Estate Agents

Sep 23, 2012

Posted by

Dmitriy Fomichenko

Dmitriy is a founder and president of Sense Financial Services LLC, and started his career in financial planning and real estate investing in 2000.  For over seven years, he worked for t Read more

As a self-employed real estate agent you know how important it is to maintain financial security for yourself and your family. Solo 401k is a qualified retirement plan specifically designed for the self-employed individuals or small business owners and offers very powerful features not found in conventional retirement plans such as IRA or 401k.

Solo 401k plan is a tax efficient and flexible retirement solution that will open up a world of investment opportunities with unlimited potential for self-employed individual such as real estate agent.  You can use your retirement account to invest in Real Estate, Mortgage Notes, Tax Deeds, Tax Liens and much, much more.  You can also increase your sales by telling your self-employed prospects about this plan and helping them find rental property as an investment for their Solo 401k.

The difference between a Solo 401k and a Self-Directed IRA is that the Solo K plan lets you invest your retirement funds into almost any type of investment at your own discretion – with no need for a custodian’s consent.  If you are tired of being forced to invest in the stock market and have an investment opportunity, such as real estate, that you would love to make with your 401k funds, then the

Solo 401k is your answer!

Here are some of the unique benefits Solo 401k plan officers:

  • High Solo 401k contribution limits (up to $55,500)
  • Asset protection and estate planning
  • Roth sub-account allowing tax free investing
  • Solo 401k Loan feature, allowing you to borrow up to $50,000 of your account for any purpose
  • Virtually limitless investment options

The Internal Revenue Code Section 4975 outlines certain "prohibited transactions."  But apart from those prohibitions, you are free to use a Solo 401k to fund most commonly made investments, from public and private stocks to real estate and commercial paper.

To learn more information about Solo 401k for self-employed real estate agents, please visit