Today allow me to present Brett, a Solo 401k Consultant here at Sense Financial. With a professional journey spanning over 18 years in real estate investing, Brett is also a licensed California Real Estate Agent and his passion lies in empowering people to attain financial independence, affording them the possibility of an early retirement. Please join me in welcoming Brett, an advocate for financial success.
We discussed the following topics:
- Using a qualified custodian, such as Sense Financial, allows individuals to invest their IRA and 401k funds in alternative assets like real estate.
- Self-directed IRAs and solo 401ks offer similar investment options, but solo 401ks have higher contribution limits and the ability to borrow from the account.
- Checkbook control provides convenience and flexibility in managing investments, allowing for easier transactions and payments.
- Prohibited transactions, such as investing with disqualified parties, should be avoided to comply with IRS regulations.
- Sense Financial offers educational consultations to help individuals determine if self-directed IRAs or solo 401ks are suitable for their investment goals.
To connect with Brett:
website: sensefinancial.com
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