The Roth Solo 401k: Everything You Need to Know
The words “tax-free” should stand out when you first consider a Roth Solo 401k. The distinction between a tax-free Roth Solo 401k and a tax-deferred Solo 401k is important because it means you can use a Roth 401k to better manage your income taxes during retirement. A surprise to some new retirees is that most of their income sources are still taxable – including Social Security, traditional IRAs, and traditional 401ks. After you are retired, it may be too late to take advantage of the tax-free