Ep4 | Solo 401(k) Strategies for Side Hustlers & Solopreneurs (Including the Loan Provision Most People Miss)

Should you roll over your 401(k) at 55? Is a Solo 401(k) better than a SEP IRA? And can you still get that $2,500 college tax credit with a six-figure income? In this episode of Financially Fluent, host Ray Godleski and co-host Cindi answer real listener questions from across the country, tackling common financial planning topics with practical, clear insights. From mid-career professionals to solopreneurs and parents with college-bound kids, this episode has something for everyone. In this episode, you’ll discover:✅ When and why rolling over a 401(k) at age 55+ may make sense—or not.✅ How the Solo 401(k) offers flexible retirement planning for business owners and side hustlers.✅ Creative tax planning strategies to qualify for the $2,500 American Opportunity Tax Credit, even with high income.✅ Why investment control, loan provisions, and tax planning make Solo 401(k)s worth a second look.✅ The importance of understanding AGI thresholds—and how to reduce yours strategically.Got a question for Ray? https://tinyurl.com/IntroCallRay  Want to hear your state’s trivia or a tax-smart strategy discussed on air? Email [email protected] with your question—and include a trivia topic (music, sports, or "guess the state") to get featured!🎧 Don’t forget to subscribe, share, and be Financially Fluent.