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I have never heard of being able to do a personal 401k despite looking for something like this a lot with my previous job. Is it a proper 401k — are there tax a
by ilikehurdles 8y ago
I have never heard of being able to do a personal 401k despite looking for something like this a lot with my previous job. Is it a proper 401k — are there tax advantages benefits to it? Do I have to be self employed?
- pinot 8y agovanguard.com Open a 401k, rollover your existing 401ks to it, select whatever funds you want.
- ilikehurdles 8y agohttps://investor.vanguard.com/small-business-retirement-plans/individual-solo-401k https://investor.vanguard.com/small-business-retirement-plan... It is limited to business owners.
- jedberg 8y agohttps://us.etrade.com/what-we-offer/our-accounts/traditional-ira https://us.etrade.com/what-we-offer/our-accounts/traditional... It's not technically a 401k, but has the same tax advantages. Just be aware that there are limits to your total tax advantaged contributions, so if you're maxing out your work 401k, you'll only be able to add funds via roll over.