Mark and Matt,
love the show, thanks for all of the info.
I work for a 501c3 and have a Roth option and a 457. I also have 2 llc’s one for real estate and another for a consulting company. The consulting g company did well this year. I pay myself an w-2 salary of about 40k/yr and have no employees. I had a solo 401k setup with vanguard in 2022 which allows after tax contributions. I want to get as much into my roth accounts as possible and have heard you talk about the 415 limits.
In 2023 i put $22,500 into my roth 403b, 22,500 into my 457 and then i have a profit sharing account with my full time and they dropped about $10k in there for me.
I’m in the 33% tax bracket for federal income taxes.
Can i use my solo 401k to put another 38.5k of after tax contributions into my solo 401k roth until the tax deadline to get me up to the 415 limit or did i wait too long? Thanks!