Comments on: Entrepreneurs Pursue Business Start-Ups Even in Bad Times http://www.jeffnabers.com/2010/01/25/entrepreneurs-pursue-business-start-ups-even-in-bad-times/ The No-B.S. Guide to Building Real Wealth in Your Self-Directed IRA or Solo 401k Sat, 17 Dec 2011 03:25:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: admin http://www.jeffnabers.com/2010/01/25/entrepreneurs-pursue-business-start-ups-even-in-bad-times/comment-page-1/#comment-4799 admin Sat, 06 Mar 2010 06:46:38 +0000 http://jeffnabers.com/?p=1201#comment-4799 Scott, Yes it can be a bit confusing. The Solo 401k has a unique provision allowing for a participant loan. Absent that provision, it would be a blatant prohibited transaction. But, all things considered, a participant loan is entirely compliant. Jeff Contact us at www.nabers.com Scott,

Yes it can be a bit confusing. The Solo 401k has a unique provision allowing for a participant loan. Absent that provision, it would be a blatant prohibited transaction.

But, all things considered, a participant loan is entirely compliant.

Jeff

Contact us at http://www.nabers.com

]]> By: Scott Ross http://www.jeffnabers.com/2010/01/25/entrepreneurs-pursue-business-start-ups-even-in-bad-times/comment-page-1/#comment-3557 Scott Ross Tue, 23 Feb 2010 03:53:18 +0000 http://jeffnabers.com/?p=1201#comment-3557 Ok I'll admit I am TOTALLY confused on the subject of Solo 401(k) investing in your business. I plan to do what the gent above has done. In another thread (actually 3 parts) you mention that it is according to some DOL big cheeses a prohibited transaction. I think I must be missing something on this.... am I? Regards Scott Ok I’ll admit I am TOTALLY confused on the subject of Solo 401(k) investing in your business. I plan to do what the gent above has done. In another thread (actually 3 parts) you mention that it is according to some DOL big cheeses a prohibited transaction.
I think I must be missing something on this…. am I?
Regards
Scott

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