I am starting a self employed traditional 401k…I am the only employee and only participant in the plan. It appears that the IRS requires a self employed to use an EIN instead of a Social Security number. I have earned income this year under my Social…Is it acceptable to go ahead and make my contributions for 2015 and take the tax deduction since I file a schedule C and both the social security number and the new EIN are on the top of the first page of the C, even though the income was earned under my SS# and not EIN?

Also…My wife is self employed in a different business and in the same situation and wanting to do the same thing…Any issues?

Thank you so much for your help!