Seems like I'll have to get a third-party administrator to do the mega backdoor portion. If I must do it, what's a good price for their services? Right now I'm looking at one that charges $500 to set up and then $500/year. Includes form 5500 filing and maybe reinstatement every six years. Will have a call w/ them soon.
This is for a solo 401k, if that matters.
Thanks for any insights! I'm pretty ignorant on the topic.
Is there a brokerage firm that allows free solo 401k mega backdoors?
Is there a brokerage firm that allows free solo 401k mega backdoors?
Last edited by WEL on Mon Aug 08, 2022 11:16 pm, edited 1 time in total.
Re: Is there a brokerage firm that allows free mega backdoors?
Add "Solo 401k" to your title, you are more likely to knowledgeable inputs. Less common issue.
Salvia Clevelandii "Winifred Gilman" my favorite. YMMV; not a professional advisor.