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re: Solo 401k vs SEP IRA for new LLC - S election

Posted on 4/13/21 at 6:00 pm to
Posted by Hornetjames3
Member since Jan 2013
23 posts
Posted on 4/13/21 at 6:00 pm to
quote:

Broker? Fack that. Get complete checkbook control by getting a company to set you up with the qualified retirement plan then you open a checking account at local bank. Bring papers and EIN paper and setup. You are the trustee and plan administrator. You invest in whatever you want barring the few restrictions. Light years better than being limited to one broker and their investments only.


I am in the process of setting up a checking and saving account at a local credit union (Xplore). What company would you suggest for setting up a qualified retirement plan?
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
77639 posts
Posted on 4/14/21 at 7:40 am to
IRA FINANCIAL GROUP.

my buddy Adam
Bergman is the tax attorney owner. Has office in Miami. Great service.

LINK

This post was edited on 4/14/21 at 7:50 am
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