The Multifamily Real Estate Experiment Podcast
“Multifamily Real Estate Investing for the Career Professional.” Join Shelon "Hutch The Marine Investor" Hutchinson who talks to military veterans and real estate professionals about the results of their journey and multifamily real estate experiments. Each week, Hutch discusses Multifamily Real Estate Investing for Career Professionals and military veterans to help you build wealth and financial independence. Questions about Multifamily real estate investing are systematically dissected as your host works through observations and data to answer the week's question.
The Multifamily Real Estate Experiment Podcast
MFREE 106 Trailer # 5 with Brandon Rickman: What if your 401(k) could follow your rules?
In this episode, Brandon Rickman breaks down how he took control of his retirement funds after years in corporate America—and what that shift taught him about leadership, mindset, and freedom. 💭
This one’s not just about Solo 401(k)s (though that part’s 🔥). It’s about making the mental move from employee to owner. From following a path to building your own.
He shares how he set up his own trust account, became the custodian of his old 401(k), and started investing on his terms—without penalties, taxes, or waiting on someone else’s permission.
It’s a mindset shift. It’s a leadership move. And it just might change how you think about your own capital.
#MindsetMatters #Solo401k #LeadershipMoves
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Thank you to all of our listeners!!! We would love to hear from you!!!
Email me at:
hutch@hsquaredcapital.com
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www.hsquaredcapital.com
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Let's say you work, you're in the military, you work for the government or for Home Depot or whatever company you're getting, putting away money and the company or the government's matching something into your 401k. You can move that into an IRA or different retirement programs. I believe it was 71 or 72, the government came up with, a similar strategy for entrepreneurs, solopreneurs, people who are starting their own business because we need an opportunity to invest money as well. You're putting money into a 401k, they're putting matching your 401k in some form or fashion. They have a custodian who is then investing that money usually in some type of mutual fund or stocks and bonds and hoping to get a return. What you can do that the federal government established back then is there's a thing called a SOLO 401k, and it's established for entrepreneurs, people who start their own business or have their own LLC. And you can transfer that money from your 401k into your solo 401k, and then you are the custodian of that money. this applies with a self-directed IRA as well. When I transferred money from my 401k, I've been working for corporate America investing into my 401k over time. I was able to transfer it from that 401k. Into my solo 401k. It's a newly created, solo 401k, right? I opened the account at my local bank and it's a trust account. And so when you transfer that money from your 401k into your solo 401k, there's no taxes, no penalties, no fees.