Submitted by [deleted] t3_z7ez55 in personalfinance
just_a_bud t1_iy937d7 wrote
Reply to comment by [deleted] in Solo 401k contribution question by [deleted]
You could’ve done that with a SEP or SIMPLE IRA without the cost of administering a 401(k). I usually advise SEP for solo owners. You probably spent money unnecessarily starting a solo 401(k).
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