Solo 401(k) Contributions
Understanding the nuances of solo 401(k) contributions is essential for self-employed individuals. An employee must elect to make contributions by December 31, but funding can occur until the tax return filing deadline. This process can feel convoluted, especially when compared to traditional employer-based plans, yet it's crucial for maximizing retirement savings.In this clip
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409 | 401(k), Mega Backdoor Roth and the Premium Tax Credit | Sean Mullaney
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