You can borrow from your Solo 401(k), but it is never advised to remove money from your retirement savings. So, the loan should be used as a last resort.
In general, IRAs and other retirement plans are not overly complicated to use. However, there are several important IRA rules you should be aware of. This is especially true for Self-Directed IRAs. Failure to follow the rules may disqualify your plan. Thus, all funds and investments held by your Self-Directed IRA will be distributed to […]