Roth Solo 401k

The owner-only business owner can designate all or a portion of his or her elective Solo 401k plan deferrals as after-tax Roth contributions. Elective deferrals designated as Roth contributions must be maintained in a separate Roth account. However, unlike other elective deferrals, when you Open Solo 401k and make Roth contributions they are no excluded from the business owner's gross income, but qualified distributions from a Roth account are excluded from employees' gross income. Lastly, make sure to check with your Solo 401k provider before making Roth contributions as not all plans allow for it.

Click on elective deferrals to learn which Solo 401k contribution type and amount may be contributed to Roth Solo 401k.