New attending looking for advice on setting up a Solo 401k

[EMdocKH]

Hi everyone. I'm a 2nd year emergency medicine physician and am looking into setting up a Solo 401k for the first time. For context I'm an independent...

[PedsDocLearning]

Hello!
New topic for me and I've been reading some on it but have more questions, hoping to learn from you.
I am W2 at a non profit hosp,...

[Jarpee]

Hi all,

Have a question for the tax professionals here: I rolled my wife's employed 401k over to a s401k earlier this year. She has a sole...

[MA EM Doc]

Hi All,

Long time listener, first time caller here.

I am a long term (>15 y) EM doc. I have been a w-2 employee my entire...

[Ctrumbet]

New attending jumping in to the WCI world over the past 12 months (thanks Dr. Dahle!). Have a w2 based 401k with an awesome group match (20k/40k), backdoor...

[djoseph]

I have a solo practice with 1 fulltime employee and 2 part time employees (less than 1000 hours a year). Could I use a professional service organization...

[jbrody2022]

Hi guys, appreciate all the help I've gotten from reading this site. I do want some advice on the next moves as I start my career Aug 1st.

...

[dermres120]

Hi all,

I'm looking for recommendations regarding a TPA to help setup/manage a solo 401k that allows MBDR.

I currently have...

[tysknight]

My wife quit her employer in 2020. She opened a solo 401k in 2021, rollover the 401k from the custodian Guardian and contributed $19500 for her private...

[borborygmi8]

I am a long time reader, first time poster. I found WCI during my medical school years, and I recently paid off all my student loans. Now I am looking...

[Blem1992]

Hi. It’s my first full year out of residency as an EM attending. Just wanted some advice on where to invest excess money. My husband and I are both...

[improvement45]

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...

[Sauceboss]

Hi! I have an old SEP IRA at Vanguard with about $180k that I would like to rollover into my solo 401k with Etrade so I can start to make Backdoor Roth...

[Nah2Has]

Hi everyone, my first post here!

First of all I would like to thank WCI for this huge work, and the tremendous help & guidance. It had...

[MDABC]

Hi all,
I have part-time w2 income and 1099 income. My W2 employer does not offer retirement plans. My thinking was that an individual 401k is my...

[Fugue]

Going to create a solo 401k for the first time this year and wanted to make sure I had things correct.

(1) With VG now allowing IRA rollovers,...

[Ponyo]

Hello WCI community,
I will starting a new job in August 2021 with $470k annual salary. I was hoping to max out my 401k starting out but this employer...

[Ushdadude]

Everyone talks about asset allocation and diversification within you retirement portfolio. That includes holding different index funds. If someone has...

[JT439]

My solo 401k is with Etrade.

I have an S corp.

Somehow I forgot to make my 2020 employee contribution to my 401k.
...

[ROC MD]

I have my primary care internal medicine practice and I did some pharmaceutical lectures in 2019. I used these earnings to justify contributions to my...

[rominos]

Hey, WCI Community! Long time subscriber; first-time poster here.

I have a full-time job (W2) and recently started a side-gig as a Sole Prop...

[txortho]

I have a question regarding selecting the most appropriate retirement accounts for my wife and myself. We are both dental specialists in our first year...

[Halteclere]

Hi, Long time reader but first time posting in this great forum.

I had a couple questions about using a Solo 401k for my small side business....

[johnworkman01]

My wife is starting a job as a part-time, 1099 therapist. We do not need her income for living expenses, so the goal is optimize tax savings and the amount...

[djoseph]

Hi, I'm a first time poster and new member. Thanks in advance for your help. I would like to get advice on the most efficient ways of getting to the $56k...

[RIDGEM]

Hey gang,

Please allow me to be real with y'all. I've loved this forum for many years and have learned a ton thanks to y'all's amazing expertise...

[Anesjones]

I had some 1099 income from 2019 from some legal consulting and my tax accountant advised I can contribute 10K to an i401k. This is my first time opening...

[Surggack]

I want to have the option to invest in real estate, debt, and other non-stock investments. What are the best companies to do this? Why?

[allesandre2014]

1120S Question

In regards to Line 7 Wages / Salary

and Line 17 Pension Profit share calculation.



...

[Kkhanmd]

Need help, I started a new job. What are my options for moving my old 401K into a low AUM place? My current 401K may dissolve in 6 months, the fees are...

[SwitchPool]

Hi all - digging through several forum threads and multiple WCI and other financial blog posts and I still can't figure out my eligibility and maximum...

[EMhustle]

I have a question about maximizing individual 401k contributions in the setting of multiple side businesses with one operating at a loss this year. My...

[Eyes84]

Unique scenario. Had 39% ownership in a LLC that sold to an equity backed group end of Oct. Had the organization structured with the LLC (several employees)...