I like my Roth IRA. It’s great, but sometimes I wish I could put in more than I’m "allowed" to by law. The recent law allowing for a Roth 401(k) excites me, though. It comes with the higher limits of a 401(k) and the advantages of a Roth option. The only thing was this: does a self-employed or solo 401(k) come with a Roth option?
Patrick at Cash Money Life put me on the right track. It does. Vanguard actually offers a self-employed 401(k) plan with a Roth option. This has made my day. Even those of us who don’t have traditional bosses need to set money aside for "retirement." And now we have all options that traditional workers do.
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