Can A Self Employed Person Have A Roth 401K?

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   Jim Winkler

   CEO/Owner, Winkler Financial Group, Houston, Texas

   That is an excellent question! The answer is yes, you certainly can. You will be subject to the same rules as any other Roth, with the exception of not being able to contribute more than your compensation. So if you pay yourself a dollar as your salary, then you would not be able to contribute more than that dollar. Another thought would be a Roth 401k, which has higher contribution levels, as well as 3% of your companies profits. I hope that helps, thanks for asking!

   Answered on July 23, 2014

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