Category Archives: 401K

Financial Planners: Three Questions To Ask For The Current Market

Especially in today’s economic climate, many people are reassessing their financial planners. A large amount of people have been losing money in the market, so clients should not be unnecessarily harsh with their planner; however, individuals must find out if their planner is using this widespread downturn to cover personal mistakes. Here are three questions clients should ask their financial planners.

1. How many personal investment have performed? Clients should find out how their own investments measure up to the Dow and use the current situation to benchmark performance. Find out how these investment compare to relevant indexes or funds with similar strategies. These should be examined over recent months and years, not day to day activity. If it is found that an advisor is doing much worse than benchmarks, they may have made bad decisions. If it is much better, examine whether they got lucky on risky investments. Clients should get detailed explanations.

2. How do the current investments meet with personal goals? One of the top advantages of working with financial planners is that they should be choosing investments that fall within an overall financial plan and time frame. This is to keep long-term funds mainly in stocks for future growth without the need to sell in order to cover expenses. An advisor should know how much in emergency funds a client should have, where it is invested and how liquid it is.

3. What adjustments are being made for the current market. The best financial planners have plans in place for such market downturns. An advisor should not make rash decisions in a market downturn. This is especially true for well-diversified and properly time framed investments. An investor should recommend caution when looking at additions to equity exposure during a downturn.

Via EPR Network
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Financial Experts Predicting Rapid Dollar Devaluation in a Coming Burst of the ‘Dollar Bubble’

Many news commentators are echoing the same resounding assurance: the recession is over. But not everyone sees it this way. Who’s right? Just look at the facts.

While Wall Street, thanks to the help of the Federal Reserve, rallied for a big end-of-the-year win, at least for top executives, they’re getting big bonuses while Main Street investors suffer. Rising unemployment figures, increased foreclosures and a loss of wealth continue to plague the average Joe.

Times Magazine named Chairman of the Federal Reserve Ben Bernanke, “Person of the Year” for 2009. The National Inflation Association, a grassroots group that warns people of the dangers of hyperinflation, named him “Villain of the Year.”

The Fed’s policies have made the value of the US dollar artificially high and before long the dollar bubble is bound to burst, leading to hyperinflation with prices of consumer goods rising sharply. According to Phoebe Chongchua of the Denver-based Nabers Group, the U.S. is already beginning to experience this kind of runaway inflation.

Nabers Group has issued a warning to U.S. consumers on its blog about the impending devaluation of the U.S. Dollar’s value in a period of hyperinflation.

“Hyperinflation can really be thought of as a silent tax, especially if artificially created by U.S. monetary policy. If the dollars you have today can purchase a fruit punch, a sandwich and a bag of chips but that same money in the future can only purchase the fruit punch, then your money has been devalued—you have lost purchasing power. Ultimately it’s the average middle class consumer who ends up getting the short end of the stick,” says Chongchua.

For most people, the major concern is how to preserve their dwindling wealth. CEO Jeff Nabers, encourages clients to diversify their portfolios using an exceptionally flexible investment vehicle known as the Solo 401k.

“The Solo 401k is designed specifically for a business owner who has no full-time employees. One of the most powerful benefits of the Solo 401k is the plan’s participant loan feature, which offers a tax-favorable alternative to withdrawing money from a retirement plan as a distribution,” says Nabers.

Preserving your wealth doesn’t have to be an uphill battle even as we head into rising inflation and the devaluing of the dollar if people act now to protect their wealth.

Via EPR Network
Financial press releases

Top Self Directed IRA Firm And Leading Precious Metals Broker Pair Up To Provide Investors With Alternatives

The New Mexico based self directed IRA firm Sunwest Trust ( announced today that they have reached an arrangement with Republic Monetary Exchange (, a leading precious metals broker based in Phoenix, Arizona. Under their arrangement, Sunwest Trust will provide exclusive self directed IRA custodian services for Republic’s client investment accounts, described by Jim Clark, CEO of Republic Monetary Exchange as a “win-win situation for our clients”.

For Sunwest, this partnership represents an extension of the firm’s IRA custodial and escrow services to the precious metals market, a move likely to be adopted by an increasing number of firms in the financial services sector.

“Consumers are becoming interested in investment vehicles which are less vulnerable to the ups and downs of the stock market. We’re seeing a lot of new IRA accounts at Sunwest from clients who want to purchase gold and other precious metals inside their IRA portfolios. Until 2007 it was primarily real estate, but now we’re starting to see an increase in the number of gold or precious metal backed accounts,” said Terry White, CEO of Sunwest Trust.

With a growing concern among the public about the possibility of inflationary pressures driving down the value of their IRA accounts and other investments, the number of consumers choosing to invest in gold, silver and other precious metals has been steadily increasing over the past few years, with brokers like Republic Monetary Exchange gaining market share in the financial services sector rapidly.

The relative stability of gold and other precious metals makes them an especially popular investment in a sluggish economy, especially when compared to traditional stock and securities investments. Given the uncertain economic outlook for at least the next few quarters, Sunwest Trust Inc. and Republic’s new relationship looks to be one, which is certain to attract investors looking for stable retirement investment vehicles such as the self directed IRA or a gold-backed IRA account.

Via EPR Network
Financial press releases

Savvy Self-Employed Seek Little-Known Tax Benefits Provided By The Solo 401k

The Solo 401k is designed for the self-employed and offers powerful features not found in traditional 401k or IRA retirement plans. The Solo 401k offers unique tax benefits to those who open an account before the New Year.

The clock is ticking for taxpayers to secure their end-of-the year tax breaks and many Americans who qualify for a tax shelter are not utilizing it.

“That’s because many people are completely unaware of a special retirement vehicle that offers the self-employed a way to make significant contributions,” said financial expert, Jeff Nabers, CEO of Nabers Group.

The Solo 401k account offers powerful features that are not available to those who invest in traditional IRA or 401k accounts.

“One special feature of the Solo 401k is that it can be run by the accountholder. You don’t have to open it up at a Wall Street-focused firm. That means that you’re not stuck to ordering your investments off of a menu that offers only stocks, bonds, and mutual funds,” explains Nabers.

The volatile stock market and significant losses that many investors suffered have caused them to look for alternative options. Nabers says that’s where the Solo 401k can really be helpful. “Using the Solo 401k, people can invest in real estate, gold, foreign annuities, foreign currency, small businesses, and much more,” said Nabers. Even better, the Solo 401k allows accountholders to make large retirement contributions totaling more than $50,000.

About the Jeff Nabers, CEO
Jeff Nabers is the Chief Executive Officer of the Nabers Group and is a renowned consultant, speaker, and educator. Nabers is an expert in the fields of Self Directed wealth management and personal finance. Nabers teaches seminars on understanding money, free market capitalism, inflation, Austrian economic theory, real estate investing, direct possession of gold and silver, income-producing assets, small business startup funding, and Self Directed IRA and Solo 401k investing. Additionally, Nabers is the chairman of the IRA Association of America and authored the book 5 Steps To Freedom.

Via EPR Network
Financial press releases

Hargreaves Lansdown Named Best Online SIPP Provider of the Year

Hargreaves Lansdown has been named the Best Online SIPP Provider of the year at the Technology Administration and Service (TAS) Awards, 2009.

The awards programme, which is organised by the Pensions and Investment Group of the Financial Times, aims to recognise achievement by providers of products and services to UK advisers.

It is the second award that that Hargreaves Lansdown’s SIPP has received this year, following their award for Best SIPP provider from What Investment, an accolade which the company has received three years in a row.

Following the awards, which were held at the Park Lane Hilton, Alex Davies, Director of Pensions at Hargreaves Lansdown, said “We never get complacent about these things but hope these awards demonstrate our commitment to providing clients with the best information and the best tools to manage their own investments.”

If you are interested in considering a SIPP, visit the Hargreaves Lansdown website, were more information, along with a downloadable, free guide to Self Invested Personal Pensions is available.

Via EPR Network
Financial press releases

New Tax Law for Roth IRA May Be a Bad Deal for Taxpayers

In 2010 millions of Americans will be able to do something they have never done before—convert their IRA into a Roth IRA account. Current 2009 limitations do not allow anyone who makes more than $100,000 per year to convert their traditional retirement funds into a Roth IRA.

However, beginning in 2010, the Roth IRA conversion restrictions are being lifted. But is this really a good thing for taxpayers?

“Roth IRAs are a bad idea for taxpayers because they are paying taxes now in order to avoid paying taxes on distributions that are taken later,” said Jeff Nabers, CEO of Nabers Group. The problem is partly the economic crisis that we are in. “It makes sense if we were in a commodity-based monetary system, but we’re not. We have a fiat currency system that creates an inflationary environment in which Roth conversion is a good deal for the government and a bad deal for the taxpayer.”

Additionally, the Roth IRA conversion can be costly for the taxpayers. If they opt to convert their traditional IRAs to Roth IRAs, the IRS will view this as a taxable event. Accountholders will be taxed based on the entire conversion amount for their current tax bracket. The income taxes due on the 2010 conversion can be spread over two years. However, future conversions must be included in income reports to the IRS and will be taxed during the tax year in which the conversion is completed.

Nabers cautions his clients to carefully look at all their options when considering the Roth IRA conversion. He suggests, “Instead they should continue using their non-Roth Retirement accounts for the maximum tax benefit.”

Nabers, the author of Five Steps To Freedom: How to Cut Your Dependence on Institutions and Escape Financial Slavery, points out that the most important thing that taxpayers can do in these economic times is to find alternative investment solutions. “We’re likely heading into an era of significant inflation. I recommend that people seek alternatives to volatile Wall Street Securities and dollar-denominated assets in general.”

“The action that I recommend is to get more educated on the matter and look at both sides of the story before making a decision,” said Nabers. He says deciding to convert to a Roth IRA could cost you hundreds of thousands of dollars. “Before paying taxes using half of your savings, wealth, or retirement account, consult experts about all of your options. What you don’t know could hurt you—so seek knowledge and information so that you can make an informed decision that you won’t regret.”

Via EPR Network
Financial press releases

Jeff Nabers, CEO Of Nabers Group, Cautions Against The Use Of 401(k), IRA Rollovers As A Financing Strategy For A Business Start-up

One unforeseen consequence of the current recession has been the increasing number of Americans who have stumbled into entrepreneurship after losing their jobs to round after round of layoffs. Many of these people have taken one look at a job market where the unemployment rate is nearly 20% in some regions and decided to start their own businesses. It’s a bold move and certainly there is something very admirable about the idea, but also a risky one, with about half failing in the first few years; making financing a small business start-up something, which should be done with great care.

There are a lot of people who think of using 401(k) or IRA rollovers as a source of financing the start-up costs of a new business or to cover the purchase of an existing one. While you may see a lot of praise for these plans (called ROBS for Roll Over Business Start-up by the IRS), especially online where their proponents try to sell would-be entrepreneurs on the merits of this form of financing, many financial industry experts strongly recommend thinking again about using your IRA or 401(k) to fund your small business.

One of these financial experts is Jeff Nabers, CEO of the Denver financial planning company Nabers Group. Nabers has written about how ROBS work and their risks on his blog, where he warns against using these financing vehicles.

“It’s entirely understandable that people are tempted by ROBS; the recession hasn’t made small business financing easy to come by and there are more Americans than ever trying to start their own businesses. However, there are a lot of risks associated with using IRA and 401(k) rollovers. Beyond the old diversification maxim of ‘don’t put all your eggs in one basket’ the legality of the ROBS strategy has been on shaky ground. There’s a basic rule that prohibits “self dealing” for any retirement account participant, but ROBS promoters have attempted to skirt this by creating a loophole that claims a special exemption. Unfortunately, a government ruling from 2006 closed that loophole. ROBS structures could face a stiff penalty, which amounts to approximately 115% of your retirement funds,” says Nabers.

“It’s a subject that is somewhat controversial in the financial services industry, but as I have been informed by government officials and my legal counsel, the 2006 ruling means ROBS no longer occupies a legal gray area even. I can’t recommend these to my clients in good conscience. I don’t see a bright future for this strategy of funding, to put it mildly,” added Nabers.

Jeff Nabers isn’t alone in sounding the alarm about ROBS and other rollover schemes – there has been a lot of concern expressed by financial experts in the last year. Previously, ROBS was considered high risk, but as Nabers’ put it, “My recent DOL meeting was the nail in the coffin of the ROBS loophole.”

Nabers unabashedly encourages entrepreneurship in spite of the government’s unfavorable stance on ROBS. His message to would-be ROBS users is: “Start and fund your venture anyway [without ROBS]. You can still raise money from others, including from their IRA and 401(k) accounts. Frankly, that is actually a surer path to success because raising money from others will cause you to be more thorough in your business planning.”

Via EPR Network
Financial press releases

Sunwest Trust Is Now Offering Their Latest Product – The Individual 401k, Aka I401k

Sunwest Trust, Inc. announces the launch of the Individual 401k or i401k. “The i401k gives self-employed business owners the same tax benefits that large corporations have enjoyed for years,” says Terry White, CEO of Sunwest Trust, Inc. as well as White adds, “a number of additional benefits not offered by the traditional self directed IRA.”

Individual 401k

With an i401k, business owners may be eligible to contribute far greater amounts to their 401ks than they could with any other type of retirement plan. In addition, the i401k is much simpler to administer than a typical 401k plan.

Another advantage to the i401k is the Roth contributions that you are eligible to make. You can designate some or all of your deferrals as Roth contributions. Roth contributions are after-tax dollars, so those contributions will grow tax-free.

Unlike self directed IRA, you may take loans from your i401k.

Also, the i401k has lower administrative costs than most retirement options for a small business owner. Unlike a self directed IRA, with the i401k you do not need to have a self directed IRA custodian for your i401k. You may act as trustee for your own plan.

White does note, “that the i401k is not for every small business owner and that there are restrictions and guidelines someone must follow in order to be eligible.” White recommends, those who seek to invest using the i401k, “consult a tax professional to make sure that they are making their contributions correctly and to help them fill out the form 5500-EZ when their i401k accumulates over $250,000.00.”

To be eligible to have an i401k, you must be a self-employed business owner with no full-time employees other than your spouse. Whites also states, “investors need to make sure to check with their tax professional to find out the limitations and amounts that can be borrowed from the i401k plan.”

White adds, “The timing of the i401k could not be better for business owners as well as the company. Despite the tough economy, Sunwest Trust continues to grow. By adding new products and providing the same great customer service their clients have come to expect, Sunwest Trust is well on their way to another record setting year. The company has already seen 16 percent growth from this time last year and there are no signs of slowing down anytime in the near future.”

One explanation for the sudden growth over the last two years has been the volatility of the stock market. When the stock market hits uncertain times, many investors would rather not gamble their future on Wall Street and investors look for more stable investment opportunities. Self-directed IRAs and 401ks allow savvy investors the opportunity to find the investment that best fits their investment needs, risk tolerance and retirement goals, whatever it may be.

White adds, “not all investments are ideal and whenever you make an investment there is always inherent risk involved. Each investor should acquire competent legal counsel and commit to completing the proper due diligence prior to shifting their retirement dollars into an alternative investment.” He adds, “just as it is not your local bank’s responsibility to validate the veracity of an investment, neither is it the IRA custodian’s job to validate the authenticity of the investments you make with your IRA/401k dollars. The last thing you want to do is gamble away your hard earned retirement savings blindly without verifying the genuineness of the investments your are making.”

About Sunwest Trust, Inc.

Sunwest Trust is an independently owned private company that offers self directed IRA custodian, escrow and now Individual 401k services. The company offers a huge range of financial services providing post retirement benefits, private mortgages, real estate contacts and other related fields for its clients. FDIC insured banks back the self directed IRA funds of their clients. For more information on the activities of the company, please visit

Via EPR Network
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Historic Losses For 401K Plan Participants

Retirement savings have dwindled significantly over the past 18 months. The median rate of return on 401k balances was negative 28.3% in 2008 according to a study by human-resources consulting firm Hewitt Associates. The average 401k balance dropped from $79,600 at year-end 2007 to $57,200 at the close of 2008.


In the 12 months following the stock market’s peak in October 2007, more that $1 trillion worth of stock value held in 401ks and other “defined-contribution” plans was wiped out, according to the Boston College research center.

Alan Weir, who turns 60 this month, showed 60 Minutes his latest 401(k) statement, which he hadn’t had the courage to open up. “I’m afraid,” he told correspondent Steve Kroft. There’s good reason for his trepidation: nearly half of his life savings have vanished in a matter of months. “It went down again,” Weir told Kroft after opening the statement. Overall, he said he was down about $140,000.

Another woman in a similar situation told Kroft her 401(k) was worth less now than it was in 2005. “And another one went down almost $40,000. One was 80 – 88,000. And then, and then it went down to 50(k),” she told Kroft, crying. The saddest part of this story is that it is being repeated all over the country.

In eastern Pennsylvania, 59-year-old Iris Hontz lost her accounting job and half of her 401(k) investments.

“Unlike Wall Street executives, American families don’t have a golden parachute to fall back on,” said U.S. Rep. George Miller (D-CA). is a site designed to assist the Individual in their noble attempt to save for retirement. How does it guide investors? The number one problem investors have while saving for retirement is the potential of suffering devastating losses of 30% or more in stock mutual funds. The ideology of just “buy and hold,” “invest for the long term” only work a small percentage of the time. In addition to the latter problem, 80%-90% of the mutual funds offered within these retirement vehicles are more risky than the benchmark or index they follow. It’s about time someone stepped in to assist Americans with their retirement accounts rather than leaving them helpless and alone. The indicators used within the site are designed to give individuals a sneak peek into the economy and the financial markets. Is it safe to be invested fully? Should I take some off the table and be only partially invested? These are questions everyone has and generally know the answers to, but need someone to help reinforce that decision. The indicators are updated every 1st business day of each week and an email is sent to each subscriber alerting them of any changes, as well as a brief commentary on the financial markets. Investing smart bodes well for those who understand, “It’s just best to sit on the sidelines and watch the fireworks at times.”

If you would like more information about this topic, or to schedule an interview with Leonard M. Rhoades, please call Andrea Rhoades at 616-581-5696 or email

Via EPR Network
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NS&I Has Launched A New Online Feature, The Five Questions, Featuring Sir Alan Sugar, To Encourage The British Public To Give Their Personal Finances A Much Needed Health Check

With research from NS&I revealing that 40 per cent of the population have no long-term financial plan and almost a fifth (17 per cent) don’t seek information on managing their money because it is too confusing, the need for a quick, simple way to help people review their current financial situation is clear.

The Five Questions prompt individuals to consider important aspects of their financial management, including how much debt they have and what their cash and assets are worth. Each question is designed to ensure that everyone, regardless of age or situation, really thinks about their current financial situation and plans accordingly for a secure financial future.

John Prout, Director of Customer Sales and Retention at NS&I said: “The Five Questions help focus the mind and help people make an honest and straightforward appraisal of their financial situation. This is part of our ongoing work to fulfil our duty, as an organisation in the financial services industry, to help everyone understand the basics when it comes to making financial decisions.”

Once answered, the five questions link to specific information on NS&I’s You and your money website. This is an impartial website launched by NS&I in 2008 as part of an ongoing drive to improve the public’s understanding of personal finance. The site has a dedicated financial jargon-buster guide and sections on key life stages, such as planning for a family or retirement. Just like The Five Questions, it is simple and easy to use, even for those who find finance difficult to understand.

John Prout added, “Most people are very familiar with the healthy eating model of ‘five portions of fruit and veg daily’. We want to encourage a similar mindset about financial planning to ensure people review their finances on a regular basis.”

Nick Cann, Chief Executive at the Institute of Financial Planning stated, “Asking the key questions to help you get your finances in better shape needn’t be hard work. Through basic planning techniques, individuals can then make the first step to improve their overall financial ‘fitness’. We welcome this initiative, and it aligns well with the IFP’s development of a national Financial Planning Week – scheduled for September 2009.”

You and your money has a range of useful links and tools to help people decide what action they should be taking. These include:

-pensions and personal inflation calculators
-FSA online tools
-Government online tools and calculators

NS&I plans to add further lifestyle sections to the website over time.

*The survey, which questioned people about financial planning, was carried out by TNS in 2008 among 1009 GB adults aged between 16 and 64.

About NS&I
NS&I is one of the UK’s largest financial providers with 28 million customers and over £88 billion invested. It is best known for Premium Bonds, but also offers Inflation-Beating Savings and investment accounts, Guaranteed Equity Bonds and Children’s Bonus Bonds in its range. NS&I also provides a choice of isa accounts with the direct isa and a cash isa which will remain available to new customers until 5th April 2009. All products offer 100% security, because NS&I is backed by HM Treasury. NS&I has a number of spokespeople available for interviews via ISDN line: 020 7602 4522.

Via EPR Network
Financial press releases

New Book Reveals Safe And Lucrative Investment Alternatives

“Unlimited Investing with a Self-Directed IRA LLC or Solo 401(k): Break Free F r o m Wall Street to Build Real Wealth with Alternative Investments” teaches investors safe and effective ways to build and protect their wealth.

With investors fed up with corporate greed, corrupt financial institutions and risk-laden Wall Street investments, now more than ever investors are looking for strategic ways to accumulate, grow and preserve their wealth outside of Wall Street. “Unlimited Investing with a Self-Directed IRA LLC or Solo 401(k): Break Free F r o m Wall Street to Build Real Wealth with Alternative Investments,” enables average investors to start learning how to identify safe, alternative places for their money so they can achieve financial freedom and financial security. The book is co-authored by the world’s leading self-directed investing expert, Jeff Nabers, and real estate and financial author, Phoebe Chongchua. Download the first chapter at

Nabers says that unlimited retirement accounts have been used to invest in alternative assets for decades, but few investors take advantage of these opportunities because of a lack of awareness. “Until recently, everyone thought the road to riches was paved with stocks and bonds. But today we know this isn’t true. Investors can no longer depend on untrustworthy financial institutions and greedy Wall Street executives to secure their financial future for them,” says Nabers.

“Instead, this book will teach investors how to convert their shrinking mutual fund portfolios into solid portfolios of real assets.”

Unlimited Investing includes everything an investor needs to know about protecting and growing wealth in today’s uncertain terrain, including:

• How to profit f r o m the decline of the dollar
• How to recession-proof your investments
• How to get your assets in your hands and stop risking them with untrustworthy financial institutions
• Understanding your Self-Directed IRA or 401(k) investment structures’ options
• How to avoid large or unnecessary fees and expenses

“Anyone who has ever wanted to invest in real estate, gold and silver, private equities, private debt instruments and international investments will benefit f r o m the practical advice and rare information available in this book,” says Chongchua.“It’s time for investors to wake up and explore the investment opportunities that await them outside of Wall Street. They’ll be glad they did.”

Nabers says he believes average and sophisticated investors alike can benefit f r o m his years of knowledge. “I’ve dedicated six years of my life to learning everything possible about self-directed investing and am making all this information available for public consumption for the first time ever with the release of Unlimited Investing,” says Nabers.

“Unlimited Investing” can be pre-ordered directly at

Jeff Nabers is a nationally recognized educator, speaker, and consultant specializing in the topic of investing with Self-Directed IRA & 401(k) plans. He is the founding member and chairman of IRA Association of America, the industry’s only non-profit trade association. Jeff is also CEO of Nabers Group, a full-service self-directed retirement plan provider. Years ago, as a real estate investor and owner of a mortgage lending company, Jeff set out to learn the ins and outs of using a Self-Directed IRA. It turned out to be a long and strenuous process. Jeff found himself traveling all over the country to pick up bits and pieces of useful information f r o m dozens of sources. Unlimited Investing is a compilation of the fruit of Jeff’s research combined with the experienced perspective f r o m Jeff’s participation in thousands of transactions involving both alternative assets and retirement plan funds.

Phoebe Chongchua has a 20-year background in journalism, marketing, and customer service. She specializes in real estate writing and her work is featured in Donald Trump’s book “The Best Real Estate Advice I Ever Received,” and “The Complete Idiot’s Guide To Buying Foreclosures.” She is the author of “If the Trash Stinks: TAKE IT OUT! 14 Worriless Principles For Your Success.” Phoebe began her career in TV as an anchor and news reporter for ABC News in San Diego, California. She holds a real estate license in California and continues to write and educate consumers on real estate and financial issues in various columns and publications online and in print. She is a columnist for Realty Times, Bizymoms Expert on Real Estate, and the publisher of Live Fit Magazine. After writing several articles on the topic of alternative asset investment vehicles, she realized how little the average consumer understands this highly powerful method of investing. Catalyzed to improve awareness, Phoebe’s research dug deeper, and the helpful findings are presented in this book.

Via EPR Network
Financial press releases

Sunwest Trust, Inc., Self Directed IRA Custodian Announces 19% Growth in 2008

Self Directed IRA Custodian, Sunwest Trust, Inc., which is located in Albuquerque, New Mexico, defies economic odds by growing by 19% in 2008 despite the recessive economy. Sunwest Trust has diverse business interests and services self directed IRA and 401k clients nationwide.

Despite the grim economic climate and the receding value of the DOW, “Sunwest Trust continues to thrive and grow,” says Terry White, Chief Executive Officer for Sunwest Trust, Inc. In 2008, Sunwest Trust experienced their most profitable year in the company’s history and has grown by nearly 19% during the recession. White attributes much of their 2008 growth to the recent exodus from Wall Street, resulting from the daily fluctuations in the stock market. He adds, “Investors are pouring out of the stock market because they are fed up with the downward market free fall.” With the DOW down as much as 7000 points since last June, many IRA and 401k accounts have seen negative growth and have fallen by as much as 50%. As IRA holders see their retirement accounts deteriorating, “they are eager to look for investment alternatives,” says White.

Indeed, Sunwest Trust is positioned to meet this need; Sunwest allows their clients to invest in anything that is not specifically prohibited by the IRS code. Basically, this includes anything other than life insurance and collectibles. Although Sunwest allows clients to invest alternatively, White adds, “We strongly encourage our clients to exercise thorough due diligence and speak with a tax professional before making any alternative investments.”

Dustin White, Business Development/ IRA Specialist, suggests, “Our reasonable fee structure and customer service have also had a hand in our success in 2008.” Sunwest Trust IRA account fees have remained unchanged over the past seven years, and according to Dustin, “we do not plan on raising our fees in the foreseeable future, especially in this economic climate.”

Sunwest continues to provide outstanding service by managing their growth one client at a time. “We strive to personalize our clients’ experience. For example, when you call Sunwest Trust, you’re not going to get an automated voice answering system; you’re going to talk to a real person,” adds Dustin.

“February 2009 was another record-breaking month for Sunwest, in terms of new accounts received. All indications point to another great year for the company. We grew 19 % last year, and I see no reason why we can’t top that again this year,” says White.

About Sunwest Trust:
Sunwest Trust is an independently owned private company that offers self-directed IRA custodian and escrow services. The company offers a huge range of financial services providing post retirement benefits, private mortgages, real estate contacts and other related fields for its clients. FDIC insured banks back the self directed IRA funds of their clients. For more information on the activities of the company, please visit

Also, you can learn more about Sunwest Trust by watching their self directed IRA videos on Youtube.

Via EPR Network
Financial press releases

Nabers Group to Give Away Self-Directed Solo 401k

Nabers Group, the world’s first and only full-service self-directed plan provider, has launched a contest to give away (i.e., set up) a Self-Directed Solo 401k plan at no cost to the person who offers the best insight(s) into what he or she thinks are the most powerful business or investment opportunities given today’s recessionary economic environment.

The Self-Directed Solo 401k is a qualified retirement plan that helps business owners grow and preserve their retirement wealth by enabling them to legally invest their retirement savings in alternative investments such as real estate, mortgage notes, private businesses, precious metals, and other qualified assets. The Solo 401k has already helped thousands of serious investors diversify their retirement portfolios beyond stocks, bonds and mutual funds while still enabling them to receive the much desired tax advantages the traditional IRA and 401k offers.

Eligibility: To be eligible to enter to win a free Solo 401k account, the entrant must be self- employed or have self-employment activity (such as Schedule C income on entrant’s 1040 or own a business). The entrant cannot have any employees at any businesses in which the entrant or the entrant’s spouse has significant ownership.

How to Enter: To participate, entrants must do two things:

1) Add Jeff Nabers, the founder of the Nabers Group, as a “Friend” on Facebook. This will enable entrants to stay apprised of events, news and u p d a t e s f r o m Nabers Group. The winner will be posted on Facebook and at

2) Write a brief explanation of what they think are the most powerful business or investment opportunities today given that the country is in a recession. Entrants should submit their comments on the ( blog or post to the “Wall” at the bottom of the Facebook Solo 401k Contest page.

Selection: Each entry will be reviewed by officials at Nabers Group. The person deemed to have the best idea(s) will get a Solo 401k set-up for them at no cost by Nabers Group.

Prize Value: Valued at $210,585, a Solo 401k f r o m Nabers Group can be the investment vehicle to lead to your financial freedom. See the math at

Deadline: Entrants must submit on or before March 15, 2009.


About Nabers Group
Founded in 2005, Nabers Group is the world’s first and only full-service self-directed plan provider that helps investors and self-employed business owners establish and set up Self-Directed IRA LLC accounts and Solo 401k plans. Nabers Group was the first company to offer the Self-Directed Solo 401k and regularly educates the public about unrestricted investment options that would enable use of retirement dollars to invest in alternative investments including real estate, mortgage notes, private stock, debt instruments, foreign assets, margin brokerage accounts, precious metals, among other assets. For more information on self-directed investing or the Solo 401k, please visit Nabers Group at

Official Free Solo 401k Facebook contest page:

Via EPR Network
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