La Jolla, CA (PRWEB) November 11, 2004
401kBrokers.com, a Third Party Administrator, (“TPA”), announces the launch of a new Solo 401k plan for self-employed Real Estate Agents & Mortgage Brokers. This new low cost “open architecture” Solo 401k using Vanguard Funds permits investment in all exchange traded stocks, bonds, options, 2600 mutual funds, government & municipal securities as well as money market funds and certificates of deposit. This Solo 401k program is only available from 401kBrokers.com and has no ($0) start up costs.
401kBrokers.com new Solo 401k allows self-employed Real Estate Agents & Mortgage Brokers to deduct up to $44,000 per year from their taxable income and save or invest that amount tax deferred for retirement. Enrollment forms are available 24 hours a day and customer service is open from 8:30 am. to 6 pm. PDT. Their new program comes with unlimited toll free phone and email support for the life of the plan. With their new revised website, opening and managing a Solo 401k plan has become easier than ever.
“Our new program allows Real Estate Agents & Mortgage Brokers to open or expand their practice with funds borrowed from their 401k” says Craig Gillooly, an Attorney and President of 401kBrokers.com. “Investing in Vanguard Funds, there are no brokers involved and no front loads, no back-end loads and no brokerage commissions, so Real Estate Agents & Mortgage Brokers get to keep and invest more of their own money. Vanguard is well known for some of the lowest fees in the business because Vanguard is mutually owned by the shareholders of the funds it manages. In addition, we are now able to process orders faster, provide better customer service and lower costs, so that self-employed Real Estate Agents & Mortgage Brokers can save more for retirement than ever before.”
With their Solo 401k plan, 401kBrokers.com dramatically increases income available to Real Estate Agents & Mortgage Brokers during retirement. “Saving one or two percentage points a year in costs on the way to retirement makes a huge difference in how much you have accumulated when you finally get there.”
401kBrokers.com is currently working with fee-only and fee based financial advisors, financial planning firms and CPA's to inform their Real Estate Agents & Mortgage Brokers clients that they can greatly reduce their taxes, invest more of their money tax-deferred for retirement and become part owners of a mutual fund company with their own Solo 401k. For more information, please contact Craig Gillooly at 800-474-3826, or by email at info@401kBrokers.com.
Contact:
Craig Lewis Gillooly, Esq., J.D.
http://www.401kBrokers.com
1205 Prospect Street, Suite 400
La Jolla, CA 92037
800-474-3826, Direct: 858-454-7090; Fax: 888-448-3668; email: craig@401kBrokers.com