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Self Directed Retirement Plans's title: Self Directed Retirement Plans | Take Checkbook Control of Your IRA

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Quick Answer

Solo 401(k) plans must file Form 5500-EZ once total plan assets pass $250,000 at the close of the plan year. The deadline falls on the last day of the seventh month after your plan year ends — July 31st for calendar-year plans. A final filing is also required when you shut down the plan, regardless of the balance.

What Is Form 5500-EZ?...

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Quick Answer

Yes, you can use a self-directed 401(k) if you have both W-2 income and self-employment income.

Many people no longer rely on a single source of income. You might h...


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Quick Answer: Can an Independent Contractor Open a Solo 401(k)?

Yes. If you earn self-employment income as an independent contractor, freelancer, consultant, or gig worker, you can open a Solo 401(k).

Being your own boss comes with a lot of freedom, but it also means you are responsible f...


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