Hi fellow mustachians. Is there a Solo 401K provider that allows for after-tax, non-roth contributions and in-service withdrawals?
I have spent hours researching and haven't found a single source that says go to this provider and do this. The closest I have found is to go to a plan provider, such as Ascensus, and create the custom plan that allows for the mega backdoor roth. Next, open investment accounts for pretax, roth, and aftertax to manage the investments yourself. You become the plan administrator. This requires me to do all the paperwork but I want to avoid that. I'd prefer to have everything with one company and they handle the administration.
I am currently talking to Paychex and they are investigating if they allow this or not. I do payroll with them and have had a great experience with them so far. Their 401K fees are a bit pricey though. They charge 1500 to setup the 401K, 55 per month for maintenance, and .0045% of assets for another fee.