Have you set up a Solo 401K for 1099 freelance income before? Can you please help me wrap my head around it? Do I need an EIN and a DBA? Can I buy you a coffee and you help me figure this out?
On that note, sadly my 401K is going away at work and I’m looking for some freelance side-gigs this year, so keep your ear out for or hire me for any weekend/evening/early morning/flexible schedule occasional work. Things I’m good at: event planning, grant writing/writing, data analysis/infographics, tech support, phone banking, customer service, bartending (have OLCC, will travel.)
@anomalily IANACPA but would a SEP IRA achieve the same thing? you don’t need an EIN or anything special en.wikipedia.org/wiki/SEP-IRA
@axoplasm I like the IANACPA acronym :-P SEP IRA won’t work because I already max out my Roth IRA & the contribution limits count together
SEP IRAs have way higher limits. Do you qualify for them?
@anomalily Are Keoughs still a thing? Would that work?
@anomalily Don’t you want an IRA?