In the previous post, we discussed deadlines for making contributions to a Solo-K for a sole proprietorship, an S-Corp and C-Corp. In Deadlines for Making Contributions to a Solo-K (Part 2), we will examine the deadlines for making contributions to a Solo-K for both a single-member LLC and a multi-member LLC. Single-Member LLC Keep in mind that with a single-member…read more →
Deadlines for making contributions to a Solo-K can, at times, appear to be in conflict with an employee who participates in a 401(k) plan as a W-2 participant. For example, for those of us who have been (or still are) W-2 employees, imagine if we went up to our employer on January 4 of the following year and said, “hey,…read more →
Forget the terms Traditional IRA, Roth IRA, SEP IRA. Learn about how utilizing a self-directed 401K may be a great retirement planning tool in enhancing your retirement assets. IRA rollovers, 401K rollovers and 401K contributions into the plan…not a problem. Learn if you qualify for the plan and, if not, how you might be able to qualify for the plan.
Many times people will call and ask the following: 1) “What is a Traditional IRA?” 2) “What is a Roth IRA?” 3) “Can I Self-Direct”? Typically, they have done some online research and realized that they may be able to self-direct the assets within their IRA or 401K. However, while these folks have clicked endless online links as to why…read more →