- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Recommendations for a Solo 401k provider?
Posted on 12/29/13 at 9:34 am to roguetiger15
Posted on 12/29/13 at 9:34 am to roguetiger15
Solo 401k has 2 kinds of contributions
1. 17500 standard
2. Up to total of 51000 "profit sharing"
1. 17500 standard
2. Up to total of 51000 "profit sharing"
1
Posted on 12/29/13 at 10:52 am to makersmark1
True, but according to the statement below it doesn't sound like he is close to that.
Which is why said a SEP until he makes enough to be able to fully take advantage of a solo 401k. SEPs are much easier to administer.
quote:
I looked into that, but after weighing all of my options and speaking with a few companies, with my current income I don't think it would be worth the initial fees and such. I definitely plan on rolling it over in a self directed plan in the future when my income increases though.
Which is why said a SEP until he makes enough to be able to fully take advantage of a solo 401k. SEPs are much easier to administer.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News