Solo 401k Daily Question: TD Ameritrade no longer supports Roth Solo 401k – What are my options?

by | Nov 4, 2022 | 401k | 1 comment

Solo 401k Daily Question: TD Ameritrade no longer supports Roth Solo 401k – What are my options?




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The solo 401k plan, commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below:

-The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020 (for 2021: $58k or $64.5 if you are 50 or older).

-The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions.

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-Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative investments.

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1 Comment

  1. the strongest avenger

    I just opened an account at td using my solo 401k ein. I believe it was setup as a trust account. Does it mean I cant use it anymore? Or are you talking about something else? I was planning to hae it for roth funds

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