We are looking for a service provider that can provide 401k plan document services for clients who have solo 401k plans and who are looking make after-tax contributions with the ability to make in-plan Roth conversions with the after-tax dollars. Please let me know if this is a service that you provide and, if so, I would like to set up a call to learn more.
ANSWER:
Try My Solo 401k Financial. Their solo 401k plan allows for voluntary after-tax contributions and in-plan Roth conversions (Mega Backdoor Roth contributions) and they handle the required 1099-R as part of their service for no additional charge.
Here are some videos and pages that might be of interest to you:
- Mega Backdoor Roth: https://www.mysolo401k.net/mega-back-door-roth-using-solo-401k-plan/
- Contribute to More than One 401k Plan: https://www.mysolo401k.net/solo-401k/multiple-retirement-plan-solo-401k-contribution-rules/
VIDEOS
- How to Qualify for a Solo 401k: https://www.mysolo401k.net/solo-401k-eligibility/
- How to Open a Solo 401k: https://www.mysolo401k.net/solo-401k/the-process/
- Solo 401k Loan: https://www.mysolo401k.net/solo-401k-participant-loan-facts-borrowing-solo-401k-2/
- Alternative Investments: https://www.mysolo401k.net/solo-401k/investments/
- Considerations in Opening a Bank vs Brokerage Account: https://www.mysolo401k.net/the-differences-and-similarities-between-bank-account-and-brokerage-account-for-self-directed-solo-401k/
- How to invest in real estate: https://www.mysolo401k.net/solo-401k/solo-401k-real-estate-investment-procedure/
- Mega Backdoor Roth: https://www.mysolo401k.net/mega-back-door-roth-using-solo-401k-plan/
- Investing Solo 401k via single-member LLC: https://www.mysolo401k.net/the-process-of-investing-a-solo-401k-plan-in-a-single-member-llc/
- Coronavirus Relief - 401k loans: https://www.mysolo401k.net/solo-401k/solo-401k-loan/
- Coronavirus Relief - Distributions: https://www.mysolo401k.net/solo-401k-faqs-surrounding-coronavirus-aid-relief-and-economic-security-cares-act/