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I am retired and I plan to roll over a 401K to a traditional
I am retired and I plan to roll over a 401K to a traditional IRA. Is there a time limit or issues with returning again to work with the company the 401K account was with?… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
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My solo 401k has a Roth option. I'm not eligible to
My solo 401k has a Roth option. I'm not eligible to contribute to a Roth IRA due to income limits but am I able to contribute directly to the Roth account within my solo 401k without any backdoor work… read more
emc011075
emc011075
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Can you verify that I can (with my wife, we are both ) put
Can you verify that I can (with my wife, we are both 69) put another 13,000 in an IRA and not have to pay federal taxes on it this year. The only money I put into a 401K was through my employers. … read more
emc011075
emc011075
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Thank you in advance for any help! Background: I am a
Hello and thank you in advance for any help!Background: I am a self-employed sole proprietor (no employees) with estimated net profit of $115,000 for 2018 and am looking to maximize my tax-deferred sa… read more
Lev
Lev
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Bachelor's Degree Equivalent
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If both spouses work, but only 1 employer offers 401k, can
If both spouses work, but only 1 employer offers 401k, can that spouse contribute $36k? How can we maximize our retirement contributions and reduce our taxable income if we make $240k?… read more
Lev
Lev
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Bachelor's Degree Equivalent
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I received a very large bonus when starting a new job this
I received a very large bonus when starting a new job this year. We're spending some on a house remideling project, but what should we do to minimize taxes and in what order? Roth, traditional IRA, ch… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
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NON-DEDUCTIBLE IRA: HUSBAND AND WIFE, BOTH AGE 40, FILE A
NON-DEDUCTIBLE IRA: HUSBAND AND WIFE, BOTH AGE 40, FILE A JOINT RETURN. HUSBAND PARTICIPATES IN HIS EMPLOYER ROTH 401K AND WIFE PARTICIPATES IN HER EMPLOYER 401K. YEAR 2015 AGI = $250,000. PLENTY OF E… read more
Robin D.
Robin D.
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both my husband and I have IRAsfrom companies no longer
Hi both my husband and I have IRAsfrom companies no longer in business -we are in the beginning stages of starting a real estate business and wondered if we could roll both into 1 solo 401k… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
42,973 satisfied customers
I own a small business where Im the sole employee drawing a
I own a small business where Im the sole employee drawing a salary and filing as an S CORP. What type IRA can I set up through my company to enable me to save money while gaining a deduction off my ne… read more
R. Klein, EA
R. Klein, EA
Tax Advisor
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My question is regarding the roll-over of my wifes 401k from
My question is regarding the roll-over of my wife's 401k from her former company, which has a balance of just under $40k. We are married filing jointly. I am an owner of an S-Corp, and we have a SEP I… read more
William Ellis, CPA
William Ellis, CPA
Master's Degree
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my wife and i both have 401 ks and we have a roth IRA, we are
my wife and i both have 401 ks and we have a roth IRA, we are over 50. What is the max we can contribute to our 401 k's and the roth IRA or to regular IRA and still deduct the amount we put in? I woul… read more
Wendy Reed
Wendy Reed
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We are a married couple in Texas filing jointly, and we are
We are a married couple in Texas filing jointly, and we are both over 55. I have a 401K plan where I am working which I have some money in, but I am not contributing to the plan at this time. I do not… read more
Lev
Lev
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can i open a 401k roth in addition to my reg 401 can i put
can i open a 401k roth in addition to my reg 401? can i put moneys in both. some tax deuctable and some after tax in the roth. am i limited as to how much i can donate each year. i'm 65 and i make ove… read more
Bill
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Can you create a IRA and a 401K Are there any restrictionss
Can you create a IRA and a 401K? Are there any restrictionss on the amounts you can put in both of these saving plans. Can you transfer funds from an IRA to a 401K? Can you transfer funds from a 401k … read more
Lev
Lev
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In error, I rolled over a $5,000 IRA into my new employers
In error, I rolled over a $5,000 IRA into my new employer's 401K program when I rolled over other 401K monies. My company did not question. Should I be concerned?… read more
JKCPA
JKCPA
Certified Public Accountant (CPA)
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1,796 satisfied customers
I am dissatisfied with the few investment choices I have in
I am dissatisfied with the few investment choices I have in my company's 401k plan. So I would like to contribute to a traditional IRA instead of my 401k. Is it possible to open a traditional IRA acco… read more
Bill
Bill
Master's Degree
3,163 satisfied customers
Can I invest in an IRA by April 15th in order to reduce my
Can I invest in an IRA by April 15th in order to reduce my 2008 taxes? How much can both my wife and I contibute if we file jointly?… read more
Bill
Bill
Master's Degree
3,163 satisfied customers
my wife worked two employer,one had 401k plan made of ...
my wife worked two employer,one had 401k plan made of $40000 a yr and the other doesn''t it made of $30000 . so on w -2 form box 13 one with x and the other without x,can we still put some money for h… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
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