Harvard Law Attorney George Blower explains whether you can rollover a required minimum distribution (RMD) from a Solo 401k to an IRA.
Harvard Law Attorney George Blower explains how to determine w-2 wages for a solopreneur taxed as an S-corp/C-corp for purposes of calculating your Solo 401k employer contribution limit.
Harvard Law Attorney George Blower explains how Employer Solo 401k contributions made as Roth Solo 401k contributions are reported for a self-employed business taxed as an S-corporation.
Harvard Law Attorney George Blower explains how unlike the 401k startup cost credit for full-time employer plans, the $1500 Solo 401k tax credit is not limited to the costs to set up and maintain a Solo 401k so one may claim the full $1500 in tax credits even though the costs to open and maint a Solo 401k are less.
Harvard Law Attorney George Blower reviews whether a self-employed sole proprietor needs to take a w-2 salary from such person’s own business in order to be eligible to make Solo 410k contributions.
Please check out this good question from our one of our daily My Community Q&A Webinars. Subscribe to our YouTube Channel to get notifications of our Daily FAQs. Can I Upgrade My Existing Solo 401k To Claim The $1500 Solo 401k Tax Credit? If you already have a solo 401k plan with a brokerage firm like Fidelity, Schwab, […]
Harvard Law Attorney George Blower reviews the Mega Backdoor Roth Solo 401k contribution limits and how much self-employment income one needs to max out Mega Backdoor Roth Solo 401k contributions.
Harvard Law Attorney George Blower discusses whether the IRS needs to be notified when upgrading a basic Solo 401k plan from a discount brokerage (e.g. Fidelity, Schwab, E-Trade, Vanguard, etc.) to a self-directed Solo 401k plan provided by My Solo 401k Financial.
Harvard Law Attorney George Blower discusses self-employment income requirements to open a solo 401k.
Harvard Law Attorney George Blower discusses the considerations of using a solo 401k loan to buy a business.
