Tag Archives: self-employed 401k

Self-Employed 401k Question Answered – How can I take withdrawals from my Solo 401k when I retire?

Self-Employed 401k Question: How can I take withdrawals from my Solo 401k when I retire?

Self-directed Solo 401k FAQ: Can I invest my Solo 401k funds in Crypto via my Schwab account?

If I want to invest in crypto – can I do that through my Schwab brokerage account for my Solo 401k? Or do I need an account elsewhere?

Self-Employed 401k Question Answered – If I already have a SEP IRA Can I Open a Solo 401k for 2022?

 I have a single member LLC taxed as a sole proprietor.  I have been contributing to a SEP IRA and have already filed my 1040 for 2021.  I just learned I can do a Solo 401k in an LLC.  Am I correct in thinking that I can establish a Solo 401k for 2022, fund it in 2023 before my 1040 is due (with extension), and fund it 100% with after-tax contributions up to $67,500?  My Schedule C Line 31 will be over that amount and I over 50 years of age.

Self-Employed 401k – Do I still have time to make 2021 Mega Backdoor Roth Solo 401k contributions?

Do I still have time to make Mega Backdoor Roth Solo 401k contributions for 2021?

Self-Employed 401k FAQ: I have a DB Plan- Can I still make the max Mega Backdoor Roth contributions?

I have a Defined Benefit Plan.  Can I fund my solo 401(k) entirely with after-tax (not Roth) contributions and then move the entire amount to backdoor Roth?

Self-employed 401k FAQ: Can I transfer my client’s Solo 401k at Fidelity to Schwab where I custody?

I am CFP with a client who has a Solo 401k at Fidelity.  I custody at Schwab.  Can you help me with a transfer from Fidelity to Schwab?

Self-employed Individual Solo 401k FAQ- How can I use a solo 401k to qualify for 199a tax deduction?

Please check out this good question from our Daily Live Zoom call. Subscribe to our YouTube Channel to get notifications of our Daily FAQs. Self-employed 401k FAQ: Which Solo 401k contributions function to lower my income? I ask because I want to keep my income below the threshold for the 199a tax deduction. The threshold issue is that […]

Self-directed Solo 401k FAQ – Can my solo 401k obtain a non-recourse real estate construction loan?

Self-directed Solo 401k FAQ – Can my solo 401k obtain a non-recourse real estate construction loan?

Solo 401k FAQ – When is the deadline to open a Solo 401k for 2022 and make 2022 401k contributions?

When is the deadline to open a Solo 401k for 2022 and make 2022 401k contributions?

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