Open Self-Directed Solo 401k brokerage account with Checkbook Control from MySolo401k.net at TD Ameritrade

By using MySolo401k.net plan document for Self-Directed Solo 401k (Solo 401k), you now have option of establishing a brokerage account at TD Ameritrade with checkbook control, for investing in not only equities but also alternative investments such as real estate, notes, trust deeds, precious metals (gold), private companies (LLC, Corporation, etc.), as well as making a participant loan (borrow from Solo 401k). Of course, you still have option of opening checking account for Solo 401k at your local bank if you would like.

A TD Ameritrade brokerage account for your Solo 401k using MySolo401k.net plan document is ideal if you already have a TD Ameritrade Solo 401k  but it does not allow you to borrow from it (process a participant loan) and/or restricts you to only investing in equities.

If you are looking to invest you Solo 401k in alternative investments such as real estate, gold, private investments, notes, etc., contact MySolo401k.net to have your TD Ameritrade Solo 401k updated to a Self-Directed Solo 401k using MySolo401k.net plan document. The result will be freedom to invest in what you want as well as having option to borrow from Solo 401k. 

Here's how the process of opening Self-Directed Solo 401k at TD Ameritrade using MySolo401k.net trust/plan document works:

Existing Plan at TD Ameritrade

I already have Plan at Ameritrade (e.g., Individual 401k, Solo 401k, KEOGH, Profit Sharing).  MySolo401k.net will supply you with our Solo 401k trust document, TD Ameritrade Trust Account Application, and TD Ameritrade Checking Application.

Then you will submit above forms to Ameritrade and instruct them to internally transfer you existing plan to your new TD Ameritrade Solo 401k brokerage account from MySolo401k.net.

NOTE that a transfer form is not necessary since your existing plan will be transferred internally to new Self-Directed Solo 401k plan using MySolo401k.net trust documents.

Existing IRA at Ameritrade

If you already have existing IRA at TD Ameritrade (e.g., Traditional, SEP, or SIMPLE IRA), MySolo401k.net will provide you with our Solo 401k trust document, TD Ameritrade Trust Account Application, TD Ameritrade Checking Application, and our Transfer form.

You will then submit above forms to TD Ameritrade and your existing IRA will be transferred internally to your new Self-Directed Solo 401k from MySolo401k.net.

After your Self-Directed Solo 401k is established using MySolo401k.net plan/trust documents, all administration of the Self-Directed Solo 401k plan is handled by you as Trustee of the plan, with MySolo401k.net assistance (e.g., we offer free preparation for Form 5500 EZ and Form 1099-R as well as Solo 401k participant loan docs). We will also assign you your own personal Solo 401k Expert for all your technical questions and communications.

To learn more about converting your existing TD Ameritrade Solo 401k or IRA to a self-directed Solo 401k from MySolo401k.net, please call us at 800.489.7571 or e-mail us at info@mysolo401k.net