Tim Berry
Self Directed IRA & self-directed 401K Attorney.
Hi, I’m Tim Berry, a Self-Directed IRA and self-directed 401(k) attorney with 20 years of experience helping people take control of their retirement plans through compliant, tax-smart strategies.
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Clients All Across the Country
Prohibited Transactions?
We can help!
5500ez issues
There’s hope. We can fight those penalties!
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I specialize in assisting clients with:
Helping Clients Navigate Complex Legal Matters
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Prohibited Transaction Analysis
We review Self-Directed IRA and Self-Directed 401(k) activity to help ensure transactions are handled correctly and do not trigger costly prohibited transaction violations.
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Rollover Error Resolution
We correct rollover mistakes before they become serious issues. Custodians frequently report errors to the IRS — don’t risk penalties or the loss of your retirement account.
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Reporting Error Correction
Missing Form 5500-EZ filings or incorrect values on 1099s? We identify reporting issues and help resolve them properly so you can move forward with confidence.
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Retirement Estate Planning Strategy
We structure estate plans for retirement accounts to help ensure your assets transfer according to your wishes, not default rules or unintended government outcomes.
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About me
I know the ins and outs of retirement plans so you don't have to guess.
Chances are every exception has an exception. If you just read the tax code, there is a good chance you are still going to make a mistake.
Don’t get me started on chatgpt either. . . I can’t tell you how many times it has created tax code sections out of the blue.
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Video Insights on Self-Directed IRAs & 401(k)s
Watch concise videos where I explain self-directed IRAs, 401(k)s, and compliant retirement strategies in clear, practical terms to help you make informed decisions with confidence.
FAQs
Frequently Asked Questions
Find clear answers to common questions about self-directed IRAs and 401(k)s, including rules, compliance, and investment options, explained simply to help you move forward with confidence.
What services does Tim Berry provide?
My main focus is the various tax laws on retirement plans, in particular self directed IRAs and self directed 401ks, aka solo 401ks and owner only 401ks. I’m constantly fixing costly mistakes made by custodians, financial planners, and CPAs who haven’t dealt with self directed IRAs and 401ks.
What is a self-directed IRA and how is it different from a traditional IRA?
A self-directed IRA or self directed 401k is a retirement plan that allows you to make all the investments allowed by law. Most IRAs and 401ks limit you to stocks and bonds. With self directed plans the world is your oyster!
Can I roll over my existing IRA or 401(k) into a self-directed IRA?
Yes — you can generally transfer or roll over IRA funds (other than inherited IRAs and Roth IRAs) into a self directed 401k in a tax free manner.
Are there risks I should know about with self-directed IRAs?
Yes and no. There are a ton of hidden land mines for self directed 401ks and self directed IRAs. However if you just follow some simple rules. . . such as not having your plan engage in transactions with anyone related to you. . . then their operation can be relatively simple.
How can Tim Berry help me avoid prohibited transaction issues?
I can review and analyze your planned transactions and offer legal insight to ensure your self-directed IRA investments comply with IRS regulations, reducing the risk of costly penalties.
What People Say
An Attorney Who Cares!!!
Tim has been extremely helpful to me over the last couple of years with my roth IRA issues. I was very nervous and scared about the predicament that I was in, but having him in my corner has helped me feel so much more confident and secure. I feel that I can trust him, and that I can rely on his expertise. I think he really cares and has a big heart, and is a great attorney. I highly recommend his council, and his experience to everyone. Thank you Tim for all your help! I really appreciate it!!