Comments on: Opening a New Solo 401k http://www.mydollarplan.com/opening-a-new-solo-401k/ because money doesn't grow on trees Tue, 07 Feb 2012 15:59:33 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Post Weekend Links: Free Dr. Pepper, Jack’s Back, Heat, and the new King of the Cassel http://www.mydollarplan.com/opening-a-new-solo-401k/#comment-7303 Post Weekend Links: Free Dr. Pepper, Jack’s Back, Heat, and the new King of the Cassel Sun, 21 Dec 2008 05:33:43 +0000 http://www.mydollarplan.com/?p=633#comment-7303 [...] Dollar Plan talks about opening a new Solo 401k for the self [...]

[...] Dollar Plan talks about opening a new Solo 401k for the self [...]

]]> By: Patrick http://www.mydollarplan.com/opening-a-new-solo-401k/#comment-7003 Patrick Mon, 01 Dec 2008 19:50:42 +0000 http://www.mydollarplan.com/?p=633#comment-7003 Great article. I need to open a solo 401k before Dec 31st, and am comparing plans right now. I love Vanguard, but may not go with them because of the fees they charge - $20 per fund unless you have $50k in total assets. I need to double check that though, and do some more research with other options. Great article. I need to open a solo 401k before Dec 31st, and am comparing plans right now. I love Vanguard, but may not go with them because of the fees they charge – $20 per fund unless you have $50k in total assets. I need to double check that though, and do some more research with other options.

]]> By: RCDL Weekly Roundup - Be Prepared to Get Stuffed | Rich Credit Debt Loan http://www.mydollarplan.com/opening-a-new-solo-401k/#comment-6910 RCDL Weekly Roundup - Be Prepared to Get Stuffed | Rich Credit Debt Loan Sun, 23 Nov 2008 13:31:30 +0000 http://www.mydollarplan.com/?p=633#comment-6910 [...] My Dollar Plan talks about self-employment and Opening a New Solo 401k. [...]

[...] My Dollar Plan talks about self-employment and Opening a New Solo 401k. [...]

]]> By: The Friday gathering - Benefiting the most http://www.mydollarplan.com/opening-a-new-solo-401k/#comment-6889 The Friday gathering - Benefiting the most Fri, 21 Nov 2008 11:32:25 +0000 http://www.mydollarplan.com/?p=633#comment-6889 [...] Opening a New Solo 401k @ My Dollar Plan [...]

[...] Opening a New Solo 401k @ My Dollar Plan [...]

]]> By: Judith Stephens http://www.mydollarplan.com/opening-a-new-solo-401k/#comment-6887 Judith Stephens Fri, 21 Nov 2008 01:20:55 +0000 http://www.mydollarplan.com/?p=633#comment-6887 What a comprehensive article on the Solo 401K! Thank you. I think I'll share this with my blog readers. I really like your site and the valuable personal finance information you provide. I subscribed. Thanks for sharing your knowledge. Warmly, Judith What a comprehensive article on the Solo 401K! Thank you. I think I’ll share this with my blog readers.

I really like your site and the valuable personal finance information you provide. I subscribed. Thanks for sharing your knowledge.

Warmly,
Judith

]]> By: Jacqui http://www.mydollarplan.com/opening-a-new-solo-401k/#comment-6866 Jacqui Tue, 18 Nov 2008 16:33:04 +0000 http://www.mydollarplan.com/?p=633#comment-6866 Ironic timing. I sent my paperwork in for my Solo 401(k) today! I thought about going with Vanguard, but I didn't want to pay $20 per year per fund. I've opted for E*Trade because there's no maintenance free as long as you have enough money in your combined E*Trade accounts (I may have to pay the $25 this year, but never again), there were more than a thousand no load, no fee funds to choose from, I wasn't limited to buying off a list of funds (I could buy stocks, bonds, ETFs, etc. if I wanted to), and MOST importantly they offer a Roth option. The paperwork is kind of a pain, can't be done online, and I had to fill most of it out twice (1x for the Roth, 1x for the accompanying traditional). But you can shove a lot more money into a solo k than any other retirement account. Ironic timing. I sent my paperwork in for my Solo 401(k) today! I thought about going with Vanguard, but I didn’t want to pay $20 per year per fund.

I’ve opted for E*Trade because there’s no maintenance free as long as you have enough money in your combined E*Trade accounts (I may have to pay the $25 this year, but never again), there were more than a thousand no load, no fee funds to choose from, I wasn’t limited to buying off a list of funds (I could buy stocks, bonds, ETFs, etc. if I wanted to), and MOST importantly they offer a Roth option.

The paperwork is kind of a pain, can’t be done online, and I had to fill most of it out twice (1x for the Roth, 1x for the accompanying traditional). But you can shove a lot more money into a solo k than any other retirement account.

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