Solo 401(k) - Contributions, Rules & FAQs
Directed IRA Podcast
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Maximizing Contributions to a Solo 401(k)
The chapter discusses two options for maximizing contributions to a Solo 401(k): the regular way and the aftertax mega backdoor method. It explains how these strategies work and highlights the importance of working with a CPA or tax lawyer familiar with after-tax contributions. The benefits of starting a solo 401(k) compared to a SEP IRA are also explored.
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