I have a pension plan that was frozen a few years ago and is now being terminated. I would like to roll it over into a retirement account that allows trading access, rather than managed funds. Placing it in an IRA will affect a recent back door Roth conversion. However, as I understand it, if the funds are rolled over into a non-IRA account before the end of the year, that problem would be averted. One option is a solo-401(k) but I’m unable to determine if I qualify to open one. I have non W-2 income (with 1099) from rental properties, house flipping and performing music. The first two are considered passive income, while the last (musician) may qualify me. Do you have any pertinent references? What other types of accounts can I roll it over into?
Thanks
Steph