Ep. 08 - The Solo 401k Beats Every Other Retirement Plan — Hands Down cover art

Ep. 08 - The Solo 401k Beats Every Other Retirement Plan — Hands Down

Ep. 08 - The Solo 401k Beats Every Other Retirement Plan — Hands Down

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Are you self-employed or running a small business and wondering how to grow your retirement savings faster? In this video, we explain the Solo 401k — the ultimate self-directed retirement account that gives you more control than traditional IRAs or Roth IRAs, and lets you invest in real estate, startups, or alternative assets. You’ll learn who qualifies, how to set it up, and why it’s one of the most powerful tools for building wealth and achieving financial freedom. Whether you’re a beginner, a young investor, or just exploring alternative investment options, this guide will help you take your retirement planning to the next level.0:05:35 - Explaining Earned Tax Wages for Solo 401(k)0:10:00 - Contribution Limits Breakdown0:11:30 - Employee vs. Employer Contribution Buckets0:13:00 - Roth Provision Advantages0:15:07 - Loan Provisions Unique to Solo 401(k)0:17:30 - Qualifying with a Nine-to-Five Job0:20:00 - Investment Flexibility Across Account Types0:22:00 - Non-Recourse Loan Differences Between IRA and Solo 401(k)0:24:58 - UDFI Taxation Exemption for Solo 401(k)0:26:00 - Account Consolidation Possibilities0:28:30 - Example Scenario with Sarah's Consulting Business0:31:00 - American IRA's Solo 401(k) Service Options0:32:00 - Plan Only Option for Experienced Investors📲🚀 Schedule a free consultation with our team today!https://sholink.to/consult📈💰 Begin your Self Directed Retirement Journey today at AmericanIRA!https://americanira.ac-page.com/yt-land-lowest-fees🎧💬🚀 Subscribe to our IRA Cafe Podcast:https://bit.ly/4mvb5Y3

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