There is an option in ITA to include the "employee" deferral portion of a solo 401(k). However, the rest of the equation is missing, allowing for the additional "employer" contribution based on the % of the net income for the business. There are options for a traditional 401(k) for both employee and employer contributions, so it would be nice if this option was also available as a strategy for a self-employed solo 401(k).
One of the principles of ITA is to combine discreet strategies to accomplish your advisory objectives. Instead of creating a strategy with the employee and employer contribution, we created 2 strategies that addressed each side. Pair the '401(k) employer (ER) matching contributions' strategy with the employee strategy to present both sides.
We will close this idea. Thank you for your feedback.
One of the principles of ITA is to combine discreet strategies to accomplish your advisory objectives. Instead of creating a strategy with the employee and employer contribution, we created 2 strategies that addressed each side. Pair the '401(k) employer (ER) matching contributions' strategy with the employee strategy to present both sides.
We will close this idea. Thank you for your feedback.
