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Breitling · 10-01-2007, 12:10 PM

Thanks twaddle! This makes sense, I'll feel more comfortable splitting up my bond allocation 50/50 and holding tips in my taxable account with that knowledge.

LOL,

I am still self employed, but now don't make any money! I sold my business that was my cash cow, and have only been adding to my 401k for two years. I'll add another $20k (or so) to that plan for my 2007 contribution as soon as i find out my full tax liability.

I don't yet have a Roth. I didn't qualify for the last two years, and before that my only goal was debt reduction, not investing.

Is it possible to convert my Solo401k into a Roth? I don't see adding more then $5k a year to my 401k plan from here on out, and I would love to have the tax free money when it comes to pulling the cash out in the future...

10-01-2007, 12:10 PM	#4
Breitling Dryer sheet aficionado Join Date: Mar 2007 Posts: 26	Thanks twaddle! This makes sense, I'll feel more comfortable splitting up my bond allocation 50/50 and holding tips in my taxable account with that knowledge. LOL, I am still self employed, but now don't make any money! I sold my business that was my cash cow, and have only been adding to my 401k for two years. I'll add another $20k (or so) to that plan for my 2007 contribution as soon as i find out my full tax liability. I don't yet have a Roth. I didn't qualify for the last two years, and before that my only goal was debt reduction, not investing. Is it possible to convert my Solo401k into a Roth? I don't see adding more then $5k a year to my 401k plan from here on out, and I would love to have the tax free money when it comes to pulling the cash out in the future...