I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Catherine Gauthier.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
I just started a Roth solo 401(k) with Schwab, because I have an IRA through them and a taxable investment account. After completing the process of creating the 401(k) I was going to fund it with not only my max personal side but also max out my employer contribution when they told me that they do not allow employer contributions into Roth 401(k). Then I was trying to move over the max $23,000 employee contribution as a direct transferred to My Roth IRA and they said I'm not allowed to do that either without paying the penalties.
What if the entrepreneur has a couple of side hustles? Can you have one sponsoring business for the solo 401(k) and then contribute based on the profits of all sole proprietorships, for example?
But doesn't rental income count as passive income and not earned income? if someone had no earned income on their tax return count their rental income for a solo? I tried to add $7500 into my IRA and CPA said, sorry, no can do without earned income. Thanks for the video, great.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Catherine Gauthier.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Catherine Gauthier too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
I just started a Roth solo 401(k) with Schwab, because I have an IRA through them and a taxable investment account. After completing the process of creating the 401(k) I was going to fund it with not only my max personal side but also max out my employer contribution when they told me that they do not allow employer contributions into Roth 401(k). Then I was trying to move over the max $23,000 employee contribution as a direct transferred to My Roth IRA and they said I'm not allowed to do that either without paying the penalties.
Solo 401k is great until I have to hire and employee or 2... no good options to upgrade from there?
2:54 i agree with yall I had a solo roth 401k it is not at all expensive
I still didn't understand how someone can put $69k a year after all expenses.
Good lord, going to be on the phone with you guys soon.
To inspect some homes?
@@torsten6777 to get a self directed 401k set up.
What if the entrepreneur has a couple of side hustles? Can you have one sponsoring business for the solo 401(k) and then contribute based on the profits of all sole proprietorships, for example?
I loathe when people call it a side hustle. Don't gild the lily, call it a second job ;)
But doesn't rental income count as passive income and not earned income? if someone had no earned income on their tax return count their rental income for a solo? I tried to add $7500 into my IRA and CPA said, sorry, no can do without earned income.
Thanks for the video, great.
How is the rental structured?
@@briansims7382 I'm owner/operator with property deeded to my revocable trust.