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Author: Mike Powell

Compare IRA and 401k Plans

Tax Free Retirement Plans for Everyone

January 26, 2021

No matter how much money you make – you can have a TAX FREE RETIREMENT ROTH 401k plan Have you been told that you make too much money and cannot have a tax free retirement account such as a ROTH IRA? Then it’s time for you to celebrate because Congress solved your dilemma with the…
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What is a Solo 401K Plan?

November 9, 2018

What is a One Participant 401(k) AKA “Solo” 401(k) Plan? The “one-participant 401(k) plan” is not a new type of plan. Clear back in 2002, Congress merely added a few sentences to the 401 tax code that recognized the fact that owner-employees whom do not have full time (1000+ hours per year)  W-2 employees now…
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