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1 October 2016 | 2 replies
Thanks in advance and hope everyone is enjoying their day.
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26 October 2016 | 10 replies
Places to find that information would be the Census Bureau, The Bureau of labor and Statistics, The Milken Report and the Glenn Mueller Market Cycle Monitor.
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4 October 2016 | 17 replies
., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
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1 October 2016 | 2 replies
Thanks in advance for all the feedback!!!
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3 November 2016 | 3 replies
Thanks in advance for any insights.
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3 October 2016 | 3 replies
Thanks in advance for your help.
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3 October 2016 | 4 replies
Thanks in advance!