Huge Changes to IRAs and 401(k)s in New Budget Law that Affects Everyone
Major updates to retirement planning are here. The new omnibus bill expands Roth options, delays RMDs, and allows unused 529 funds to roll into Roth IRAs. While a fix for IRA prohibited transactions didn’t make it in, self-directed investors still gain from broader Roth access and new catch-up contributions. Here's what you need to know.
Self-Directed IRA Versus Solo 401(k)
Debating between a self-directed IRA and a solo 401(k)? Both accounts allow alternative investments like real estate and private companies—but the right fit depends on your self-employment status, income, and goals. In this article, Mat Sorensen explains the key differences in taxes, contributions, and set-up so you can choose the best structure for your retirement strategy.
Can I Use a SEP IRA If I Have Employees?
Wondering if you can use a SEP IRA if you have employees? The answer depends on their eligibility. In this article, Mat Sorensen breaks down the rules, loopholes, and strategies to maximize SEP IRA contributions while managing employee requirements.
Solo 401K Form 5500 Tax Filing and Five-Point Compliance Checklist
Solo 401(k)s offer big benefits for the self-employed—but with that freedom comes responsibility. From Form 5500-EZ filings to plan updates and contribution tracking, this checklist outlines the key steps every Solo K owner must follow to keep their plan compliant and avoid costly penalties.
Buying Crypto with an IRA
Did you know your IRA can own bitcoin and other cryptocurrencies? Whether tax-deferred or tax-free, a Crypto IRA offers powerful advantages for long-term investors. Learn how IRAs are being used to buy and sell crypto—and what that means for your taxes.
Published Work
VIP Contributor on Entrepreneur where I write on retirement, tax, and legal topics.
My article on real estate investment assigments was in Realtor Magazine, which is the largest real estate publication in the US
Attorney at Law magazine has covered my expertise and niche practice on Self-Directed IRAs in two separate articles
My article on how investors can purchase and sell crypto tax-free using a Roth IRA was featured at Cryptopedia.
