My understanding from past discussion here is that it is now permissible to rollover any amount of funds from a traditional IRA (non-Roth and containing only pre-tax contributions) into an existing Solo 401(k) account.
Is this correct?
Are there any considerations, other than making sure the solo 401(k) can accept the funds, and implementing a institution-to-institution transfer? Is it required to be a direct rollover (as opposed to a cash transfer made within 60 days)?
Thanks much
Steve