just_a_bud t1_iy937d7 wrote on November 29, 2022 at 5:49 PM 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). Permalink Parent 1
just_a_bud t1_iy719lx wrote on November 29, 2022 at 5:28 AM Reply to Solo 401k contribution question by [deleted] Is there a reason you opted for a 401(k) ESP? Are you going to do Roth contributions? Permalink 1
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).