Partial Quote from Swan Noir in another thread:
GET A PRO TO ADVISE YOU ...
And then roll your IRA into a solo 401k. You can be the trustee, the administrator and the chief cook and bottle washer. Once you have a retirement trust that you truly control you can (except for collectibles) invest in pretty much what you please.....
Absolutely correct.
I am looking into a couple of very low-cost options for a solo 401(k):
http://www.401kadm.com/
http://www.theonline401k.com/
and others.
Ideally I would just like to license a prototype plan with as few add-in services as possible since I have experience with a qualified plan in the past.
I would be interested in any suggestions or recommendations.
Note that most trust-company offered plans are vastly more expensive than the self/employer -trusteed option, which can be only $300 to $400 a year regardless of asset size.
Thanks.