"Solo" 401(k) Plans Offer Big Tax Deductions: Tax-Deferred Investing to the Max As long as the eligible 401(k) participants are limited to those mentioned above ("eligible solo participants"), the solo 401(k) will not be subject to all the administrative, recordkeeping, and investment monitoring regulations that traditional 401(k) plans must follow. Full-time employees who are at least age 21 and have one year of service must be offered the opportunity to participate in any 401(k) plan. However, for these purposes, a part-time employee working less than 1,000 hours per year can be disregarded and will not affect the solo 401(k)'s legal compliance. It may be a good idea to set up a solo 401(k) now, even if you may add an employee who is not an eligible solo participant in future years. At that time the solo 401(k) plan can simply be suspended or terminated. [More] Investing in Stocks and the Game of Monopoly There are opponents in the stock market game, just as there are in the game of Monopoly. An opponent in the game of Monopoly is anything that takes money away from you (remember those fees you sometimes had to pay from those pesky Community Chest cards?). In the stock market game the opponents are also anything that takes money away from you – taxes, credit card payments, commission-fees, fast cars, booze, etc. [More] Why is the Macedonian Stock Exchange Unsuccessful? Moreover, innovation change and revitalization are all prevented. What change could come from the same set of worn out managers? How can thousands of owners decide to worsen the conditions of the workforce - if owners and labourers are one and the same? So, management is polluted by irrelevant, non-economic considerations: power struggles amongst groups of workers, social considerations and political ones. [More] Saving Money On Baby: Tips From A First Time Momma The options to spend, spend, spend on baby begin way before baby is even here. I’m not going to tell you to use cloth diapers or to make your own baby food, but I will offer a few simple tips that will help you make smarter decisions and put some extra cash into that [...]. Increase Home Value When selling your home, you'll want to fetch the best price possible for your home yet it so happens in many cases, that buyers give offers that just don't meet your expectations. Read on to find out how you can change that.. John McCabe's Web Guides: Is a 1031 Exchange For You? Is a 1031 Exchange For You? If you invest in real estate, I'm guessing you want to grow your wealth as much and as fast as possible. One of the things holding you back is taxes. 1031 exchanges provide a loophole you can use to accelerate your wealth building... InvestingForLife Root InvestingForLife Atlas