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re: Solo 401k vs SEP IRA for new LLC - S election
Posted on 4/14/21 at 2:22 pm to Fat Bastard
Posted on 4/14/21 at 2:22 pm to Fat Bastard
quote:
IRA FINANCIAL GROUP.
my buddy Adam
Bergman is the tax attorney owner. Has office in Miami. Great service.
Thanks for the tips. I saw their website. They look like a great group. My question is could I start it on my own with Vanguard for example and not have to pay the initial and yearly fees to make the process cheaper. Or is the solo 401k logistics/administrative so complex that I should pay Adam's group the fees and go thru him?
2
Posted on 4/14/21 at 3:00 pm to Hornetjames3
You’d have to ask vanguard what they charge. No you can do it through whomever. Question is do you want full control and invest in what you want?? If not then vanguard might be a great fit for you. I man if all you are interested in is stock market it could a good for for you. Check them out. I have accounts with them. But I’m a RE guy and use my solo401k for that.
This post was edited on 4/14/21 at 3:03 pm
Posted on 4/14/21 at 3:32 pm to Hornetjames3
It’s free through Vanguard and easy to set up. If you have any questions their customer service is great.
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