You must submit IRS Form 5500-EZ if your Solo 401(k) plan asset exceeds $250,000. IRA Financial Group explains reporting requirements and instructions.
Generally, the new Corporate Transparency Act (CTA) will not affect your Solo 401(k), unless you utilize the Checkbook LLC structure, in which case, a BOI must be reported.
The IRS has pushed back a major SECURE Act 2.0 provision that would require high earners to make catch-up contributions in Roth until 2026.
The majority of investments you make with a Solo 401(k) plan will not be subject to tax. This is the beauty of investing in a