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    Broad Financial Launches its ‘Entrepreneur's Solo 401K’ for Self-Employed Individuals

    Broad Financial helps widen retirement plan options and opens doors to more investment opportunities with a self-directed custom-made for the self-employed.

    Gilbert, AZ (PRWEB) July 08, 2011

    Tirdad Zarookian, 55, was looking into alternative investments to help his retirement account grow. A business tax accountant, Zarookian is used to managing accounts on his own time and it was this same flexibility and control that he sought in a retirement plan. After all, it was his future involved, and he wanted to be in charge of it. So when Broad Financial offered him Entrepreneur's Solo 401K plan, Zarookian was more than willing to give it a shot.

    Broad Financial’s Entrepreneur Solo 401K plan (also known as The Ultimate Solo 401K®) is an upgraded Solo 401K plan designed for entrepreneurs who work for themselves without any full-time employees. As the most innovative self-directed IRS Approved Solo 401K plan available, this Solo 401K enables Self Employed Indviduals to maximize their tax deductible contributions (up to $54,500 per year) and to diversify their retirement funds across the broadest possible spectrum.

    Zarookian pretty much sums up what the Entrepreneur Solo 401K plan enables him to do as such:

    “I really love the plan and all the control it provides me. Using the checking account I set up here at my local bank in Gilbert, Arizona, I can make many alternative investments in actual real estate properties quickly and seamlessly. Thanks again for all your help in getting me set up with this great investment tool and for the ongoing support you have provided.”

    With Broad Financial’s Solo 401K one can:


    • Invest their retirement funds directly into all investment classes. Talk about true diversification — the Ultimate Solo 401K® enables individuals to invest their retirement funds directly into real estate, gold & silver, tax liens, small businesses, private placements, private loans, foreclosures — and all other alternative (i.e. non-Wall Street) investments — that are not available through a typical 401K. They can also continue to invest their retirement funds in traditional investments (e.g. stocks, bonds, mutual funds, etc.) should they choose to.

    • Maintain complete control of their retirement funds. As the sole Trustee of their Ultimate Solo 401K®, the account owner will set up a checking account for their Solo 401K at his bank — so their retirement funds will always be under their control. The owner can then consolidate their other retirement funds by transferring them into their account.
    • Place all investments by simply writing a check. Once the checking account for one’s Ultimate Solo 401K® is opened, it's easy to begin placing investments — all one has to do is simply write a check. No fuss, no middlemen, and at no extra cost.

    To learn more about the Ultimate Solo 401K®, visit http://www.broadfinancial.com.

    ###

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