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After-tax Solo 401k Custodians

I'm not having much luck finding a solo/individual 401k custodian that permits after-tax (non-ROTH) 401k contributions and in service conversions. Do any exist today or is this only offered to large corporations and/or legacy plans?
by yzhang12
Fri Nov 21, 2014 10:42 am
 
Forum: Investing - Help with Personal Investments
Topic: After-tax Solo 401k Custodians
Replies: 6
Views: 434

Re: HSA Contribution and FICA taxes for S-Corp owner

You can do a pre-tax payroll HSA deduction and to take advantage of a FICA deduction; the 2% shareholder rule is only against SCORPs contributing and therefore treating it as a business expense. It doesn't prevent the employee from contributing via pre-tax payroll. I take this back..it is not accur...
by yzhang12
Wed Jul 23, 2014 8:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: HSA Contribution and FICA taxes for S-Corp owner
Replies: 12
Views: 3062

Annual Portfolio Update

Emergency funds: Yes, 6+ months of mandatory expenses. Debt: 2 mortgages (2.875% ARM on $150,000 [$140,100 remaining] and 4.125% 30 year fixed on $205000 [$197,800 remaining]) Tax Filing Status: Single Tax Rate: 28% Federal, 5 or 5.25% MD State of Residence: MD Age: 27 Desired Asset allocation: 93% ...
by yzhang12
Mon May 05, 2014 1:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: Annual Portfolio Update
Replies: 2
Views: 480

Re: HSA Contribution and FICA taxes for S-Corp owner

You can do a pre-tax payroll HSA deduction and to take advantage of a FICA deduction; the 2% shareholder rule is only against SCORPs contributing and therefore treating it as a business expense. It doesn't prevent the employee from contributing via pre-tax payroll.
by yzhang12
Tue Mar 25, 2014 3:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: HSA Contribution and FICA taxes for S-Corp owner
Replies: 12
Views: 3062

Contribute to HSA without HDHP?

I have an account with HSABank established when I was with a previous employer who offered a HDHP. I am no longer covered under a HDHP; however, I noticed that I can still make a contribution to my HSABank account. What consequences would I face if I were to make a contribution without being covered...
by yzhang12
Thu Jan 02, 2014 12:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: Contribute to HSA without HDHP?
Replies: 4
Views: 512

25 y/o Re-evaluating investment positions

Emergency funds: Yes Debt: Aside from 2 mortgages (2.875% ARM on $150,000 and 4.125% 30 year fixed on $205000 - looking to refinance this to around 3%), I have no debts. Tax Filing Status: Single Tax Rate: 28% Federal, 5 or 5.25% MD State of Residence: MD Age: 25 Desired Asset allocation: 90% stocks...
by yzhang12
Thu Feb 14, 2013 1:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: 25 y/o Re-evaluating investment positions
Replies: 1
Views: 432

401k Roll-In and Backdoor ROTH IRA Timing

I've made a backdoor of $5500 ROTH IRA contribution for 2013 and I have a ($30,000) tIRA that resulted from a rollover from an old employer (I have not rolled this into my employer's 401k yet..so I've made the backdoor ROTH contribution while my basis included the tIRA). Does timing of the ROTH IRA ...
by yzhang12
Wed Feb 13, 2013 10:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: 401k Roll-In and Backdoor ROTH IRA Timing
Replies: 2
Views: 517

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