In other articles I showed that contributing to after-tax 401k/403b and rolling it over to Roth IRA (the "mega backdoor Roth") is great if your 401k/403b plan allows it. It's still worth it even if you have to wait a few years before you can roll it [...]
Solo 401k CP 214 Notice: Much Ado About Nothing
Whenever I get a letter from the IRS, my heart rate goes up. I'm afraid they are telling me something I don't want to hear. The latest letter from the IRS is quite strange. It's about my solo 401k plan. For more background on solo 401k, see Solo 401k [...]
Form 5500-EZ For Your Solo 401k
If you have a solo 401k, also known as a self-employed 401k or an individual 401k, and the plan's assets as of December 31 last year exceeded $250k, you are required to file a Form 5500-EZ with the IRS before July 31 each year. If you dread [...]
