How much income do I need to max out my Solo 401k contributions? [S-Corp/C-corp/LLC Taxed as S-corp]

[@realrajiv]

Love your videos. So much good information. Almost there with setting up my account with you guys. Had an information call with Greg and email exchanges with you. Super helpful. Thanks.

[@mysolo401kfinancial3]

Thank you so much!

[@jpmdenver]

Can the investment account be kept at Charles Schwab or do you all require a specific custodian other than Chalres Schwab?

[@mysolo401kfinancial3]

Thank you for the good question. Please see response posted on our My Community: mysolo401k.net/mycommunity/forums/discussion/can-the-investment-account-be-kept-at-charles-schwab/

[@mysolo401kfinancial3]

Please join My Community to participate & ask questions (it's free! all are welcome!): mysolo401k.net/mycommunity/wp-login.php

[@glynnmorehead8818]

Can you maximize the ER contribution of $43,500 by increasing W2 wages to $174,000 if, in doing so, it drives the S Corp into a loss?

[@mysolo401kfinancial3]

Please see response posted in our My Community forum: mysolo401k.net/mycommunity/forums/discussion/can-i-make-contributions-to-a-solo-401k-even-if-my-s-corp-is-reporting-a-loss/

[@mysolo401kfinancial3]

Please join My Community to participate & ask questions (it's free! all are welcome!): mysolo401k.net/mycommunity/wp-login.php