Can I Set Up a Roth Solo 401k?

Yes you can.  Our self-directed solo 401k plans contain specific language in the plan document that includes a built in Roth “sub-account” that can be contributed to without any income restrictions.

You can then contribute your employee deferral portion into the Roth.  However, any profit sharing contributions will be made on a pre-tax basis.  This amount is then deducted by the business as an employer contribution.

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Emparion, LLC does not provide legal, investment or tax advice. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact financial results. Emparion cannot guarantee that the information herein is accurate, complete, or timely. Emparion makes no warranties with regard to such information or results obtained by its use, and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Please consult an attorney or tax professional regarding your specific situation.