Compared to an IRA, Solo 401k contribution limits are much higher and there is no custodial requirement as you can be your own trustee.

Areas of practice will include criminal law, real estate, wills and probate, powers of attorney, landlord-tenant, immigration, child custody and support, divorce, business, debt collection and more.

Full release:https://www.sec.gov/news/testimony/testimony-clayton-2019-12-10Other reporting on the topic:https://debanked.com/2019/10/is-the-definition-of-accredited-investor-ripe-for-change/https://www.thinkadvisor.com/2019/11/21/accredited-investor-definition-custody-rule-on-secs-2020-reg-agenda/https://www.thinkadvisor.com/2019/12/12/sec-to-take-up-accredited-investor-definition-changes-on-dec-18/I think this is big news, along with all the other things the SEC is doing.

Progress report: new custodial account was opened Tuesday.

For clarification, that $1,100 / mo is just going right back into the custodial account, currently into cash. 

My name is Kyle and this is what my current venture into my own bigger pockets looks like so farShort synopsis, Single, 50% custody, [100%]father.

Recently Divorced Single Dad with full custody of two kids looking to get started back in real estate.

Areas of practice will include criminal law, real estate, wills and probate, powers of attorney, landlord-tenant, immigration, child custody and support, divorce, business, debt collection and more.

One exception would be if your main goal is to self-direct Roth IRA funds, (because a Roth IRA cannot be transferred to the Solo 401k) but that doesn't apply if you currently have a 401k.Compared to an IRA, Solo 401k contributions limits are roughly 10x higher and there is no custodial requirement for the 401k.

Are you looking for a custodial type of account or wish to have "checkbook control" over your IRA?