Reader Interactions

Comments

  1. Yes, to open a Solo 401k that can receive contributions from 2008 income, the plan must be created before 12/31/08. Contributions can be made up until the tax filing deadline for the business that adopted the plan.

    A Solo 401k can be adopted by a C Corp, S Corp, Partnership, LLC, or even a sole proprietorship.

    While a stock broker’s version of a Solo 401k may only be a couple of pages, ours has been specially designed to offer the maximum flexibility by law, and it is hundreds of pages of document preparation which usually takes several business days. If you want to set one up for this year, call my office soon at 877-SOLO-401K.

Leave a Reply

Your email address will not be published. Required fields are marked *

 

© Copyright 2003 - JeffNabers.com | Terms & Conditions | Privacy Policy | Contact

 

* DISCLAIMER

The information contained throughout this web site is not a substitute for professional advice you would receive from an accountant, attorney, investment adviser, or qualified tax preparer. The information provided does not constitute professional advice nor is it conveyed or intended to be conveyed in the course of any adviser-client discourse, but is provided for informational purposes only. If you enter your email address on our web site, you are also requesting and agreeing to subscribe to our free email newsletter, and you can unsubscribe anytime if you don't enjoy it. References to investment performance of any kind is for illustration purposes only.