Why you need a SOLO 401k | Investment tips
Description
It’s time to ditch your company’s 401k and why you need a Solo 401k.
Daniel Blue, founder of Quest Education, shares with us how you can leverage a Solo 401k to unlock a remarkable resource to drive innovation and investments.
Best of all, you can literally become your own bank. You can take loans against your Solo 401k which, when you pay it off, pays off your OWN retirement accounts *with interest* only helping you drive your retirement portfolio.
But how should you structure your Solo 401k?
What could you do with unlocking the Solo 401k?
Check out Daniel’s website https://yourquest.com/
For the full video: https://youtu.be/JbabQk022Gw
00:00 intro
0:33 Who is Daniel Blue?
2:25 What are we getting wrong about retirement investments?
4:08 The power of the Solo 401k
5:20 Can you get a W2 401k and a Solo 401k?
7:23 How can you access and protect yourself when leveraging your Solo 401k?
9:54 What are the restrictions for using the loan function in the Solo 401k?
11:15 Why not become your own bank?
12:50 Different ways of structuring your Solo 401k
15:00 When should your focus on a Roth or Traditional 401k?
16:54 Get ready for Part Two of our talk…





