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Combine a C-Corporation with a Solo 401k to Start Your New Business

Finance

I read a timely article in Businessweek (12/22/08 issue). https://www.businessweek.com/magazine/content/08_51/b4113064369970.htm?chan=magazine+channel_what%27s+next

The article describes creating a corporation, the newly

formed entity starting a 401k plan, rolling existing retirement funds into the

401k and then investing in the corporation from the 401k plan. 

The fees quoted are on the high end.  If you want a more pocket book friendly

alternative go to, https://sites.google.com/site/garyandersoncpa/fees-and-pricing.

The devil is in the details, so get competent professional

help on this strategy.

Profile: Gary Anderson

Gary Anderson CPA brings personal experience and practical solutions to the fast-growing field of self-directed retirement investing. He writes the Self-Directed Retirement Blog on AllBusiness.