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A couple of observations: 1) I appreciate anyone who tried to be active and knowledgeable in their own financial situations. So I respect the idea you have been doing your own research. However, you might have reached the practical limits of it in this area. 2) There are a lot of very complex things that can happen here which require specialized knowledge. I would echo if you think a solo DB plan is a good idea you need to find an TPA with an actuary to run some projections for you. 3) One of the things that could trip you up is the amount you can put defer into a 401(k) plan is a personal limit. So if you work for a company that has a 401(k) plan and you defer there it could limit you deferral into the solo 401(k) plan. It won't limit a Employer Discretionary contribution into the solo 401(k) plan however, #3 above is a simple example of the type of thing a good TPA with an actuary could guide you through. in the set up process. I don't normally recommend some stranger spend their money on this board but in your case a little up front spending could result in a lot of value in terms of making good vs bad plans going forward.

Or by asking the check's payee . . . By the way, you've already exceeded $235 in consulting fees!!!