Directed IRA Podcast

The Solo 401K - The Ins and Outs

Nov 15, 2023
Learn about the new Roth rules for 2023 and beyond, contributing 10 times more annually than an IRA, the necessity of an LLC for a Solo 401(k), qualification criteria, avoiding common mistakes, and the increased contribution limits for 2023 ($66k) and 2024.
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Episode notes
1
Introduction
00:00 • 3min
2
Qualifications and Requirements for a Solo 401K
02:43 • 25min
3
Differences Between Self-Directed IRAs and Solo 401Ks
27:20 • 27min
4
Discussion on Solo 401k options, rolling over funds, and adopting for seasonal businesses
54:07 • 2min
5
Setting Up a Solo 401k with a Spouse's Business as a Client
56:23 • 2min
6
The Difference Between Fixing and Flipping Properties and Rental Income for a Solo 401k
58:28 • 2min
7
Estimated Contributions and Maximizing Investment Growth
01:00:26 • 4min