Question about IRA rollover to Solo401k

QUESTION

Is it possible to contribute to a Roth IRA and then immediately, or later that year, recharacterize it to a Traditional IRA and then roll it over to a Solo401k? I can't seem to find anything that prohibits this.

Thanks in advance for your help.

ANSWER

Re-characterizations only apply to Roth IRA conversions not contributions or rollovers.

https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-iras-recharacterization-of-roth-rollovers-and-conversions

VISIT HERE to learn more about the solo 401k rules.