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Updated over 8 years ago,
Self Directed IRA or Solo 401k
Hi BP Community,
I could use some advise on options available for retirement accounts from past employers. I do have a few accounts available and I think it's fairly easy to rollover into a Self Directed IRA using a custodian. The question I have is whether I am eligible for a Solo 401k which has more advantages. While I do have a full time job, I have been consulting for years and have income from that activity. Would that allow me to use a solo 401k and rollover assets from past employers? Obviously I should also talk to an expert - if there is anyone folks recommend, please let me know. Thanks in advance!