Self-Directed 401(k)

If you have retirement funds sitting in an IRA or 401(k) from employers other than your current employer (assuming you still have your “day job”), you can have those funds invest directly into your business, with no loan payback required. We can set up for you what is called a self-directed IRA that will invest in your business by purchasing shares in a C-Corporation that we set up for you. Under this IRS-approved plan, we set up either a new 401(k) or profit-sharing plan. You determine how much of your available funds to rollover into your new program.

The money that you invest into your corporation can be used for any purpose. Our plan administration provides you with all of the guidance you need to make sure that your plan remains IRS-compliant. The entire process can be done in as little as 2-3 weeks. Any type of existing retirement plan can be rolled over, except for ROTH IRAs, 457 plans for non-governmental agencies, and non-spouse benefits from an IRA.

If your business accountant has any questions about setting up this plan, our plan administrator has mad available some online resources, and can also speak directly with your accountant to answer any questions.