The Solo 401k

Download or read book The Solo 401k written by Dyches Boddiford and published by Lulu.com. This book was released on 2019-02-21 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you own your own business? Are you (and/or your spouse) the only employee(s) of your business? Would you like to take your retirement investing to the next level? If you answered yes to these questions, then you may qualify for an individual 401k, also known as a Solo 401k. The Solo 401k is not a new type of plan, but this particular retirement plan has gone through a lot of changes in the past few years. These changes can strengthen the power of your wealth building and optimize your contributions to your retirement accounts. Join experienced investors Dyches Boddiford, Dorsie Boddiford Kuni, and Tax Attorney John Hyre as they discuss the details of the Solo 401k including: self-directing your Solo 401k, contribution/distribution rules, the Roth component, and funding tactics. You will also learn step by step how to set up and invest your own Solo 401k as your own Trustee and Plan Administrator. From the basic concepts to the advanced strategies, this book has all you need to know about the Solo 401k.