Posts Tagged "IRS requirements for reporting rollovers"

Reporting IRA and 401(k) Rollovers on the 1040

It is that time of year when you may have rolled over funds during 2018 from a previous IRA or 401(k) to your new self-directed IRA or self-administered 401(k) plan. While you may not consider this rollover a distribution (“John, I just rolled over the funds as a non-taxable rollover”), the IRS does still consider this to be a distribution….it is just…read more →

Terminating Your Self-Administered Solo-K Plan

As I have said before, there comes a time for most where it is time to give your solo-k (also referred to as a self-directed 401(k), self-administered 401(k), uni-k, or individual 401(k) plan) a proper send-off.  In simple terms, how does one go about terminating your self-administered Solo-K plan. For many, a Solo-K plan is almost like a human life….read more →