Solo401k DeepDive w/TaxMama- Can I still make 2021 Solo 401k Contributions? 2022 Solo 401k Deadline?



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Solo401k DeepDive w/TaxMama- Can I still make 2021 Solo 401k Contributions? 2022 Solo 401k Deadline?

Please check out our good conversation with the TaxMama and her IRS Enrolled Agent students.

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The solo 401k plan, commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below:

-The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020 (for 2021: $58k or $64.5 if you are 50 or older).

-The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions.

-401k participant loans of up to $50,000

-Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative investments.

Open an Account: https://www.mysolo401k.net/solo-401k/open-a-solo-401k-account/

Learn More: https://www.mysolo401k.net/solo-401k/

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For over 10 years, My Solo 401k Financial is the leading self-directed solo 401k provider having helped over 8,000 clients take control over their retirement funds by focusing on superior knowledge, expertise, and customer service with over 100+ 5-star verified customer reviews on the Better Business Bureau (BBB).
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