White Coat Investor Podcast cover image

WCI #335: Solo 401(k) Questions

White Coat Investor Podcast

00:00

Setting Up an S-Corp and Solo 401k

This chapter explores the process of setting up an S-Corp and provides advice on determining a fair salary based on industry standards. It also discusses the importance of filing the 5500 form for a solo 401k on time to avoid penalties and shares recommendations for appealing the penalty for failing to take a required minimum distribution. Additionally, the chapter touches on geographic arbitrage and consolidating multiple solo 401ks.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app