EGTRRA Retirement Provisions Made Permanent

The following are the more familiar retirement provisions of EGTRRA– Economic Growth and Tax Relief Reconciliation Act of 2001- that were scheduled to sunset after 2010. However, thanks to the the Pension Protection Act of 2006 (PPA),  these provisions are now permanent.

  • Catch-up contributions for solo 401k individuals age 50 or over
  • IRA and Roth IRA contribution limits increased
  • The waiver of the 60-day rollover rule in cases of hardship
  • Rollover of after-tax contributions between certain retirement accounts (401k to solo 401k)
  • Expanded portability between IRAs and employer plans such as a self-employed solo 01k plan
  • The Roth Solo 401(k) and Roth 403(b)
  • Employer plan contribution limits increased and adjusted annually for inflation “Deemed IRAs” in employer plans
  • Small business pension start-up credit
  • The saver’s credit for low income taxpayers


About Mark Nolan

Each day I speak with energetic entrepreneurs looking to take the plunge into a new venture and small business owners eager to take control of their retirement savings. I am passionate about helping others find their financial independence. Having worked for over 20 years with some of the top retirement account custodian and insurance companies I have a deep and extensive knowledge of the complexities of self-directed 401ks and IRAs as well as retirement plan regulations. Learn more about Mark Nolan and My Solo 401k Financial >>