Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . presented by

User Stats

898
Posts
266
Votes
Todd Goedeke
  • Contractor
  • Sheboygan, WI
266
Votes |
898
Posts

Solo 401k Age Limitations

Todd Goedeke
  • Contractor
  • Sheboygan, WI
Posted

When contributing to a Solo 401k it is mandatory that all employee contributions cease before age 70 1/2, employer contributions may continue as long as self employment earnings continue.Comments please?

The employer contribution can continue to be maximized up to Solo401k limits?

When taking the RMD from a Solo401k , a mandatory 20% is required to be withheld and sent in by the 15th of the month following in which the RMD took place. If a person makes quarterly estimated tax deposits, can the 20% withheld from the RMD be considered as part of one's quarterly deposit?

If a Solo401k owner wants to continue receiving the benefits of leverage with real estate after age 70 1/2 , no UFI, and yet avoid 20% withholding on the RMD, does it make sense to transfer to an IRA those assets not invested in leveraged real estate?

Can you transfer assets from a 401k to a Solo401k after age 70 1/2 for the purpose of avoiding limitations of an IRA?