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IRA Financial Group Introduces Free Plan Administration Services With its Solo 401(K) Plan

05/11/2012 12:38pm - via http://rachel-long.com/?... - Details

ave853k: Miami, FL (PRWEB) May 11, 2012 IRA Financial Group, the leading provider of solo 401(k) Plans, introduces free plan administration services for its solo 401K plan clients. With IRA Financial Groups Solo 401K Plan, sole proprietorships or small...

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ave853k saved this page on 05/11/2012 12:38pm

Miami, FL (PRWEB) May 11, 2012 IRA Financial Group, the leading provider of solo 401(k) Plans, introduces free plan administration services for its solo 401K plan clients. With IRA Financial Groups Solo 401K Plan, sole proprietorships or small business owners with no full-time employees can have their own retirement plan without having to pay annual plan administration fees. Our solo 401(k) Plan clients are able to serve as trustee and plan administrator of their own retirement plans, mentioned Adam Bergman, a tax lawyer with the IRA Financial Group. Because a Solo 401(k) Plan has no employees it is not governed by the ERISA rules, which makes administering types own plan fairly easy, mentioned Mr. Bergman. &#13 The Solo 401K Plan, also known as an individual 401K was initially created to provide sole proprietorships and small business owners with no full-time employees with an easy and cost effective retirement program. The IRS did not want small business owners to have spend conside

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