mul
Dec 29 2005, 01:02 PM
I am wanting to take advantage of this new Roth 401(k). I am self-employed and have no employees. Up until now, I have used a SIMPLE IRA for retirment funding. I pay myself a small salary and take the rest as dividends. My thought is that the Solo Roth 401(k) would be perfect. I am under 40 years old, and have never been able to do the Roth because of income limitations. As I understand it, I can pay myself $15,000 and differ all $15,000 into this plan (under the dollar for dollar rules). Anyone know of a company that will rollout the Roth Solo 401(k) without many expenses?