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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 >>

2 Comments

  1. Posted August 18, 2022 at 2:15 am | Permalink

    Thanks for this article. In the illustration you show three accounts and distinguish between after-tax and Roth. I though those were the same?

    • Posted August 26, 2022 at 5:57 pm | Permalink

      While they are both after-tax funds, Roth solo 401k funds grow tax free whereas voluntary after-tax solo 401k gains are taxable once distributed. As a result, the voluntary after-tax contribution is used to ultimately get more Roth funds in your solo 401k by subsequently (once the voluntary after-tax contribution is made) converting the funds to the Roth account.

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