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Updated almost 15 years ago on . Most recent reply presented by

User Stats

257
Posts
18
Votes
Mark Beekman
  • Investor
  • Phoenixville, PA
18
Votes |
257
Posts

Prohibited Transaction???

Mark Beekman
  • Investor
  • Phoenixville, PA
Posted

I have a self-directed Solo 401k and I was thinking about making a passive investment with a tax-exempt charity. The thing is my father is the chairman of the charity, so I'm not sure if this would be considered a prohibited transaction or not.

Any good CPAs or Solo 401k experts out there who can clear this up?

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