Private Gold Solo 401k?

Take Advantage of This Gift from Congress

The new Private Gold Solo 401(k) was made possible because of changes Congress made to the Tax Code in 2001 and 2006.

Since there cannot be any employees that are not owners, Congress felt they could remove many of the cumbersome and costly reporting rules and regulations. Thus, the Private Gold Solo 401(k) was born!

Contribution limits were raised, a Roth component was added, compliance and reporting were simplified, and administrative requirements were relaxed.

Also, by allowing the business owner to be their own Trustee, these changes made it all the more accessible, affordable and manageable for the small business owners and the self-employed in general.

 

Oops! We could not locate your form.

Here are some examples of how simple it is to generate enough self-employment income to qualify:

 

  • If you own real estate you can pay yourself a management fee
  • Any ongoing attempt at selling a multi-level marketing product by you or your spouse qualifies you
  • If you have some part-time income see if the company will switch you to a contractor rather than a W-2 employee
  • Start an account on www.freelancer.com or www.fverr.com and offer services in your specialty
  • Advertise a consulting service on Craigslist or Facebook
  • Do not forget about your spouse as often they have some Self Employment Income (1099) income

What Can You DO with a Private Gold Solo 401k?

Forbidden Transactions:

  • Life Insurance
  • Collectibles

Allowed Transactions:

  • Cryptocurrencies
  • Rental Real Estate
  • Bare Land
  • Farms & Ranches
  • Flipping Properties
  • Rehabbing Properties
  • Tax Liens
  • Trust Deeds
  • Hard Money Loans
  • Private Placements
  • Offshore Investments
  • Precious Metals
  • FOREX
  • Intellectual Property
  • Accounts Receivable
  • Heavy Equipment
  • Livestock (Cattle, Horses, etc…)
  • Storage Containers

Reasons for a Gold IRA Solo 401K

  • No fees or taxes on your transfer
  • You own the physical bars and coins in your Gold IRA
  • All gold and precious metals (Silver and Rhodium) are investment grade and certified
  • Free 2 years of custodian fees
  • The Depository maintains $1 billion in "all risk" insurance coverage
  • IRS approved Never pay capital gains taxes again, 1099-R code H box 7
  • We are able to put rare and collectable coins in your IRA
  • We will have an exit strategy in place to minimize taxes at the time of distribution
  • We have a reputable third party tax attorney
  • We can include investing in Futures With Your IRA
  • We can include investing in Forex With Your IRA
  • Transparency: Double Compliance in writing and recording
  • Protection from a collapse of an OVERPRICED Stock Market
  • Protection from the Multi-Trillion Dollar National Debt
  • Protection by having the investment flexibility Congress always intended

Why choose MPB?

My Private Bullion (MPB) is a trust-worthy precious metals investment firm with a team of industry experts that offer direct access to physical gold and other precious metals as investments towards your future. We have trained professionals who help simplify a Gold IRA rollover or transfer for a hassle-free process.