IRA Financial Trust Company, a self-directed IRA custodian, will begin offering self-directed solo 401(k) plans beginning in May 2016.
New York, NY (PRWEB) May 05, 2016
IRA Financial Trust – a self-directed IRA custodian – is proud to announce that beginning in May 2016, it will begin offering self-directed solo 401(k) plan to its clients. IRA Financial Trust clients will have the opportunity to hold their retirement funds held at Northern Trust, one of the most respected banks in the world, offering our self-directed IRA clients with a safe and secure way to make alternative asset investments, such as real estate, precious metals, tax liens, and much more though a self-directed IRA or solo 401(k) plan.
IRA Financial Trust Company is a regulated non-banking financial institution that allows its clients to make traditional as well as alternative self-directed IRA investments, such as real estate. “With IRA Financial Trust you can now make investment directly from your custodian account or via a checkbook control structure through a self-directed IRA or solo 401(k) plan for one low annual fee,” stated Adam Bergman.
By opening a self-directed solo 401K plan with IRA Financial Trust, self-employed individuals or small business owners with no employees can benefit by making high annual contributions – up to $53,000 - with an additional $6,000 catch-up contribution for those over age 50, make traditional as well as non-traditional investments, such as real estate, as well as borrow up to $50,000 or 50% of their account value tax-free and penalty free. IRA Financial Trust’s self-directed 401(k) plan platform is a trustee directed plan meaning the trustee and not the custodian is in charge of making investment decisions on behalf of the plan. With a solo 401(k) plan, in most cases the trustee will be the plan participant providing the plan participant with greater control and investment authority over his or her retirement funds.
IRA Financial Trust Company, a self directed IRA custodian, was founded by Adam Bergman, a partner with the IRA Financial Group. The IRA Financial Group, the leading provider of self-directed IRA retirement solutions. IRA Financial Group has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate without custodian consent.
To learn more about the IRA Financial Trust Company please visit our website at http://www.irafinancialtrust.com or call 800-472-1043.
For the original version on PRWeb visit: http://www.prweb.com/releases/ira-financial-trust-solo-/401k-plan-custodian-fees/prweb13393854.htm