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Dmitriy Fomichenko

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Dmitriy Fomichenko's Blog

4 Perks of Solo 401k for Business Owners and Freelancers

Posted on April 26, 2017 at 6:28am 2 Comments

Solo 401k for business owners

“Save your money. You’re going to need twice as much money in your old age as you think.” — Michael Caine

If you’re self-employed and trying to boost your retirement savings, Solo 401(k) plans are a potential option.

Solo 401(k) plans are qualified retirement plans for self-employed…


Best IRA for Self Employed – Benefits of Roth IRA You Don’t Know

Posted on March 21, 2017 at 7:58am 0 Comments

Best IRA for Self Employed Roth IRA is one of the well-known and oftentimes considered best IRA for self employed. If you are looking for reliable financial investment and retirement account, it is imperative to know more about this plan. Nowadays, you might find it more challenging to decide what retirement account to choose. There is a big difference as well as similarities…


Self-directed IRA: How to diversify and grow your retirement portfolio

Posted on January 11, 2017 at 8:32am 0 Comments

Understanding Self-directed IRA

“The beauty of diversification is it's about as close as you can get to a free lunch in investing.” Barry Ritholtz

How do you feel about staking your entire future on the stock market? Risky, right! Who would do that? Surprisingly enough, a lot of investors are putting their money in the stock market directly or…


Solo 401(k): A Good Retirement Savings Option for the Self-Employed

Posted on December 13, 2016 at 5:20am 1 Comment

Solo 401(k): A Good Retirement Savings Option for the Self-Employed

Among the available retirement options, Solo 401(k) plans are worth considering, due to their relatively high contribution limits, flexible investments and the ability to make after-tax Roth contributions.

Here are some reasons self-employed business owners should consider Solo 401(k) plans.

Higher limits

Because the self-employed professional wears the dual…


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At 8:09am on January 18, 2017, Jesus (Jesse) Gonzalez said…

Hey Dmitriy, I would like to talk with you about Buyer Direct, would you call me 615-424-0961

At 11:12pm on December 10, 2014, Jane Nathan said…

Hi Dmitriy:

It sounds like something similar to Defined Benefit Pension Plan, where one can borrow from the plan for real estate Investment.


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