solo K contributions
Can a more than 5% owner/participant in a solo K plan continue to contribute to the plan after attaining age 70 1/2?
Can a more than 5% owner/participant in a solo K plan continue to contribute to the plan after attaining age 70 1/2?
Permalink Submitted by Alan - IRA critic on Thu, 2018-01-11 00:10
Yes, but RMDs will also be required. Same as regular 401k or SEP IRA.