#403 The Power Of a Solo 401k
Main Street Business
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Don't Do a SEP
Think of them like a honeycomb because it's not one account per se. There's going to be some accounting to track your contributions, the match. What are you converting? Do you ever, you're married or whatever. So anyway, so you have the solo 401k. I've kind of diagrammed a little S corporation on the left. Here's you and you're going to get a W two. Let's say, let's say you made a hundred and fifty grand in your S corp. Gross and you took a fifty thousand W two. Now that's a great strategy. I saved on FICA. We'll come back to traditional don't worry.
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