USA Self Employed 401k Question - Am I Eligible?

Dec 29, 2023
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United States
I am employed by a real estate company in management and receive w2 compensation for that role. I also have access to a simple IRA through that employment to which I contribute. I am also an independent contractor for the same company where I conduct my own real estate sales business. Am I eligible to open up a self employed 401k for my independent contractor business? The rules seem a bit unclear as the businesses do share an affiliation. Thanks for any answers you might be able to provide!

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