Solo 401k or SEP IRA?

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We’re doing SEP but also organized as an s-corp.

I’m going with Solo. I did it with the help of Nabers group Solo401k (they are not the bank but help you set up yourself as trust etc) and facilitate your options. lots of flexibility, the have a lot training videos and seminars also got on phone with me. As I was overwhelmed.

There is paperwork and it takes a bit of understanding. You can boil it down to its most simple set up with a brokerage a account and ignore it. Or you can build on it, borrrow against (you are paying yourself the interest) invest in Real estate, Bitcoin etc..one thing I learned is that I can roll my 401k from previous employer into a solo account, and the Roth portion will transfer to a new Roth account but the Roth history (years invested) will transfer with it. Important because of the Roth 5 year rule.

Solo i401k

Solo Yolo.

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