Can I make Mega Backdoor Roth Solo 401k contributions with a personal check?

Solo 401k FAQ Answered- Can I make Mega Backdoor Roth Solo 401k contributions with a personal check?

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Mega Backdoor Roth Solo 401k Question: I opened six accounts for me and my husband under the solo 401(k).  Can I find those accounts with a personal check?

RESPONSE:

Good question!  We presume that the question is referring to a Mega Backdoor Roth Solo 401k setup where there are pre-tax, Roth and After-tax sub-accounts for each of you.  Moreover, we understand that the question is referring to making solo 401k contributions.

Given this understanding is correct, a solo 401k owner can certainly make Solo 401k contributions via a personal check.

See more regarding Solo 401k contributions.

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About George Blower

I have the privilege of educating our clients about our products and services so that they can make informed and confident decisions about their financial future. Prior to joining My Solo 401k Financial, I served as the general counsel for a subsidiary of a Fortune 500 financial services company. Learn more about George Blower and My Solo 401k Financial >>

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