Navigating Solo 401k Administration and Retirement Savings Strategies

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This chapter covers various aspects of Solo 401k administration, discussing the transition from Vanguard to Census and the advantages of customized plans. It explains rules for multiple 401k accounts, the impact of leaving an employer on matching funds, and the concept of vesting. The chapter also provides guidance on retirement savings strategies, including managing inherited IRAs and utilizing funds for different purposes while balancing tax benefits and personal goals.

Today we are answering your questions about retirement accounts. We start out by addressing the recent change with Vanguard getting out of the solo 401(k) game. Then we talk about if you can contribute to both a solo 401(k) and the TSP if you are in the military, we discuss 401(k) employer matching, concerns around losing a non-governmental 457b, what to do with an inherited IRA, and converting from pretax to Roth.

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The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you!

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