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All Forum Posts by: William Tong

William Tong has started 9 posts and replied 21 times.

Post: Using Solo 401k as a private lender

William TongPosted
  • Rental Property Investor
  • Charleston, SC
  • Posts 22
  • Votes 5

I put the maximum contributions in my 401K at work for several years and then when I changed jobs, I rolled that into my Solo 401K concentrating my funds.  This helps if your business does not make as much as your employment which may also match contributions, but requires changing or quitting your related job.