Ask the Self-Directed IRA and Solo 401k Experts

I have a defined benefit plan that I max out, can I also adopt a solo 401(k) Plan for my business?

Ming W., CA

Hi Ming,

Yes - since a defined benefit plan includes only employer contributions, you can establish a Solo 401k Plan and make employee deferral contributions to the plan even if you have maxed out your DB contributions. With a solo 401(k) Plan you will be able to supplement your defined benefit plan contributions and make employee deferral contributions for 2015 equal to $18,000 or $24,000 if you are over the age of 50. The deferrals can me made in pre-tax or after-tax (Roth).

The Solo 401(k) Experts


Contact Us Today

Going Solo 401k The Checkbook IRA Turning Retirement Funds Into Start-Up Dreams In God We Trust - In Roth We Prosper

Solo 401k In A Nutshell self-Directed IRA In A Nutshell