Plan Funding
24 articles
General
5 articlesCan I add more money to my plan in the future?
Yes. You can add funds to your self-directed IRA or Solo 401(k) at any time through annual contributions or additional rollovers and transfers from other eligible retirement accounts. Two ways to add funds Annual contributions are a way to put new ...
Can I roll over assets in-kind from another plan?
Yes. An in-kind rollover moves an asset from one retirement plan to another without liquidating it first. This comes up when you're moving from direct custody to checkbook control, when you're dissatisfied with your current custodian's service or ...
Can I roll over my SIMPLE IRA?
Yes. A SIMPLE IRA can be self-directed and used to invest in alternative assets like real estate, private placements, and cryptocurrency, the same as any other IRA. SIMPLE IRAs do have a few special rules to be aware of, but none of them prevent you ...
Can I roll over my SEP IRA?
Yes. A SEP IRA can be rolled over or transferred to a self-directed plan with no special restrictions. There is no waiting period and no limitation on how much you can move. SEP IRAs and Traditional IRAs are fully compatible. Funds can transfer ...
Is there a minimum funding amount?
No. Self-Directed Plans does not impose a minimum funding requirement on any of its plans. You can establish a plan and fund it with whatever amount makes sense for your situation. That said, two practical considerations are worth keeping in mind. ...
IRA Funding
10 articlesHow do I add funds to my IRA Trust?
All funding for your IRA Trust must flow through your IRA custodian: Step 1: Get funds into your IRA account at the custodian (IRA Resources) Step 2: Direct the custodian to invest those funds into your trust entity Three ways to add funds Funds can ...
How do I add funds to my IRA LLC?
All funding for your IRA LLC must flow through your IRA custodian: Step 1: Get funds into your IRA account at the custodian (IRA Resources) Step 2: Direct the custodian to invest those funds into your LLC entity Three ways to add funds Funds can ...
What is the difference between a rollover and a transfer?
Transfers and rollovers are different ways to move assets between different retirement plans. Understanding the differences matters because each method follows different rules for timing, frequency, and tax reporting. Using the wrong terminology with ...
How do I transfer an existing IRA?
An IRA transfer moves funds directly from your current custodian to IRA Resources without the money passing through your hands. There is no tax event, no withholding, and no deadline to manage. All transfers are initiated by IRA Resources as the ...
How do I roll over a 401(k) from a previous employer?
Once you've left an employer, your 401(k) balance is eligible to roll over to an IRA or another qualified plan. The process is straightforward, but the mechanics vary depending on how your previous plan administrator handles distributions. In almost ...
Can I roll over my current employer's 401(k)?
It depends on your age and how your plan is written. In most cases, rolling over an active employer plan while still employed is not permitted, but there are two situations where it may be possible. The general rule: no rollover while employed The ...
What is the 60-day rollover rule?
The 60-day rollover rule is the IRS requirement that funds distributed to you from a retirement account must be redeposited into a qualified retirement plan within 60 days to avoid taxation. If you miss the deadline, the full amount is treated as a ...
How do I make a contribution to my IRA?
Annual IRA contributions follow a two-step process: funds are deposited to your IRA account at IRA Resources first, then directed from the IRA into your LLC or trust checking account. Contributions must never be deposited directly into the LLC or ...
What is the deadline to make IRA contributions?
IRA contribution deadlines vary by plan type. Traditional and Roth IRAs share the same deadline; SEP and SIMPLE IRAs follow the employer's tax filing calendar. All dates listed are for the tax year in which the contribution applies. Traditional IRA ...
What are the current IRA contribution limits?
The following are IRA contribution limits for the 2026 tax year. Limits are adjusted periodically for inflation and published by the IRS each fall. This article is updated annually. Confirm the current tax year at the top of the page before relying ...
Solo 401(k) Funding
6 articlesHow do I roll over funds into a Solo 401(k)?
Rolling funds into a Solo 401(k) is a straightforward process. You accept the rollover directly and deposit it into your plan's bank account. As both plan administrator and trustee of your own plan, the responsibility for initiating and documenting ...
Can I roll over a Roth IRA to a Solo 401(k)?
No. IRS rules do not permit Roth IRA funds to roll into a Solo 401(k), even if the Solo 401(k) includes a Roth sub-account. A Roth IRA and a Roth 401(k) are distinct account types under the tax code, and the IRS does not allow a rollover between them ...
What are the deadlines for Solo 401(k) contributions?
Solo 401(k) contribution deadlines depend on your business tax structure and the type of contribution you're making. Employee deferrals and employer profit-sharing contributions follow different rules, and W-2 environments have tighter timing than ...
Where do I report Solo 401(k) contributions on my tax return?
Where contributions are reported on your tax return depends on your business structure and the type of contribution: employee deferral or employer profit-sharing. Work with your tax advisor to confirm the correct treatment for your situation. ...
How do I make contributions to my Solo 401(k)?
Solo 401(k) contributions are deposited directly into your plan's bank account. There is no custodian intermediary as there is with an IRA. The process is straightforward once you've determined your contribution amount and timing. Step 1: Determine ...
How do I move non-cash assets (In-Kind) to my Solo 401(k)?
Your Solo 401(k) can accept in-kind rollovers of most asset types, including; real estate, private placements, promissory notes, securities, cryptocurrency, and similar holdings, without requiring liquidation first. The asset moves from your prior ...
Roth Conversions
3 articlesHow do I perform a Roth conversion in a Solo 401(k)?
A Roth conversion inside a Solo 401(k), formally called an in-plan Roth rollover, moves value from the pre-tax sub-account of your plan to the Roth sub-account. The converted amount becomes taxable income in the year of conversion, then all future ...
Can I do a partial Roth IRA conversion?
Yes. You can convert any amount from your Traditional IRA to Roth status, from a small cash amount up to the full balance. There is no minimum, and you can convert incrementally over multiple tax years to manage the annual tax impact. Full conversion ...
Can I convert assets in-kind during a Roth conversion?
Yes. You can convert alternative assets (real estate, promissory notes, private placements, and similar holdings) from pre-tax to Roth status without liquidating them first. The fair market value of the asset at the time of conversion is treated as ...