My son-in-law pointed me at a couple of things I wanted to bounce off you re: retirement plans.
I guess the main question is whether I should put it on my radar to open up a solr 401K for 2015 (missed the deadline for 2014, I it's been a busy year). On a very quick look, there are three options: 1> solo 401(K). 2> just continue with SEP 3> solr 401(K) with defined benefit plan. I'm guessing that we can take <3> right off the table as it has longer-term commitments than I want to deal with. Who knows? I could actually, you know, retire in the next few years. Is there any downside to the solo 401(K) here? On a _very_ quick glance, it looks like the setup costs are minimal. How does that interact with the SEP? I'm hoping that they're independent and I could contribute to one or the other in a given year and the fact the the other one existed would be of no consequence. Thanks, Erick
