Considerations Re Non-deductible IRA Contributions

Question:

Is it permissible or advisable for me to open a Roth IRA and make non-deductible (my income is too high) contributions to it along with my usual Solo 401K contributions?

ANSWER:

While we can’t advise you whether to do so, please keep the following in mind:

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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