"The investment adviser of one of the 401k's that we manager would like to use his solo 401k retirement funds to invest in a startup. If he has no existing connections with the start up and no other investments in it is this an allowed transaction with their 401k funds or would this be considered prohibited?"

"This guy is generous. He wants to match everyone's deferral dollar for dollar. But I don't think it will work. He only earns $67,000. He deferred $27,000 so he wants a match for himself equal to that $27,000. That doesn't work... does it? I've got so many numbers bouncing around in my head. What is the max that he can get? Flat out 25% of 67,000 or $16,750? Total deposit for him would be $43,750? Is there any way to get him what he wants?"

"I have a dental practice (PA, in the State of New Jersey) that sponsors three profit sharing plans, each with individual accounts. One for each dentist (Dentist #1 profit sharing plan; Dentist #2 profit sharing plan). The third plan is Plan #3 is for the employees of the PA. Keeping in mind, the plans are all sponsored by XYZ, DDS, PA. One of the dentists (Dentist #1) had decided to invest a portion of his account in a limited partnership and I've been on his case to see the original paperwork to determine if the registration was done correctly. I have a copy of the K-1, apparently the account is registered under the name of the Sponsor, but there is nothing n the paperwork that mentions this as an investment of 'Dentist #1 Profit Sharing Plan'. They way this account is registered, this is NOT a plan investment, the Entity should be 'Dentist #1 Profit Sharing Plan and I think must be re-registered correctly."

"For the Roth catch-up provision for off calendar plans, is the $145,000 look back comp based on plan year or calendar year? Also since this is starting in tax year 2024, does this provision start earlier for off calendars. For example, a 4/1/2023-3/31/2024, would the Roth requirement start with contributions made in calendar year 2024?"