Solo 401k - How to do Profit Sharing?

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Thanks, great information both!

My payroll company is different to my CPA so I was looking for which direction to go.

That's...

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I have an S corporation with myself as the only employee. I understand I can contribute up to 25% of employee wages as a pretax profit sharing component,...

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Thanks @jfoxcpacfp and spiritrider , this is very useful.

I haven't seen d/n before, I thought it meant something else and "directly"...

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Thanks both, wonderful descriptions, DAK that really makes after-tax contributions clear.



I was thinking that if it might be...

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Thanks!

Here are updated ones, I will leave the OP the same so the replies make sense .

1. How do I find out how a SEP-IRA rollover...

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For both a taxable account and after-tax 401k contributions, I am paying taxes initially, but with the after-tax 401k the taxes are deferred to 59.5,...

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You have to think about what you are getting a return on, if SNX becomes worthless then what is the value of getting 13% on it? BTC is more reputable...

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Also, government bonds have historically done well during crises, so even though interest rates are low (when interest rates go up, bonds that are not...

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Would appreciate feedback on my plan, I have a SEP-IRA from my S corporation at Schwab, from last year, uninvested (made in 2021 for 2020 tax year based...

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Would love some input as I haven't found a clear explanation online. I have an S corporation, am the only owner/employee. I understand that for a solo...