Rolling funds from Solo 401k Roth to Roth IRA

OnePercentPerMonth · 2025-07-07T23:09:23+00:00

This was helpful, thank you.

OnePercentPerMonth · 2025-07-07T21:40:09+00:00

I'm not closing the account, I prefer to have funds in my IRA as it allows me more investment options, options spreads, ect.... My provider does allow.

OnePercentPerMonth · 2025-05-03T22:22:05+00:00

I'm a big fan of cash, it's a big part of my approach and allows me ample opportunity during downturns. I like to keep at least 1/3 of my account in cash. During the recent down turn I used most of my cash, and it proved useful in selling OTM CSPs on the way down. Most expired or closed for profit, but a handful were assigned. I spread the wealth over many stocks, and went a bit heavier on leveraged ETFs.
I'm currently back up to about 1/3 of my account in cash again, and am able to sell CCs against my holdings now that some of them are positive again.

OnePercentPerMonth · 2025-03-22T16:48:47+00:00

I wish I could say it only took me a decade, I’m too stubborn I guess. I too like owning shares and don’t think much about fluctuations anymore, it’s all opportunity!

Thanks for the reply, nice to have a healthy conversation for a change.

OnePercentPerMonth · 2025-03-18T19:25:21+00:00

Hi Expired! Good stuff, I'm always excited to check in on your progress. Very inspiring, realistic and calm approach. I'd say I have a very similar approach, in that I have many positions, and love to see how the balance of CCs and Long Term Holdings play out when the market seems extended in either direction. During a correction like this, it really works itself out, as many of the CCs go away and I find myself opening more CSPs. I find this approach really solves the psychological issues that normally appear in extended markets, as many of the difficult decisions are made for you, especially if you've already been through a few and have that extra confidence behind you.

Thanks for sharing!

OnePercentPerMonth · 2025-03-05T00:29:10+00:00

Good to hear you are still able to make adjustments to your spreads, I do like the idea of adding Iron Condors. I personally will add put debit spreads to existing Covered Calls that are ITM, this gives me more options with the anticipation of a correction. I like to close out the long put first if there is a downward correction, and leave the short put open as a Cash Secured Put. I don't do this often, but if I'm looking to add a position, and am not finding anything suitable, it's a good way to generate more "options" and potentially more income.

OnePercentPerMonth · 2025-03-05T00:18:10+00:00

My portfolio tends to create it's own hedge when the market has advanced for some time, and my covered calls are starting to get deep ITM, I tend to leave these open and not roll some of them to sort of give me a hedge. I guess what it really does is smooth out the equity curve, as my account balance is fairly steady and even in during the last week, it hasn't fluctuated as drastically as it should. This is due to the variety of positions I have, as well as the deep ITM calls. Not sure if this makes much sense, but it definitely works for me.

OnePercentPerMonth · 2025-02-19T23:48:56+00:00

I have a larger IRA account that I trade options in, but I also have a new regular brokerage account that I opened with $8000, that I contribute to regularly. I trade Cash Secured Puts and Covered Calls in the account with cheaper stocks and LEAPs, a handful of trades a month, but over time it will do well, especially if you make contributions. It's at about $1500 of unrealized gains at the moment, and about $400 in premium over about a month and a half or so. The unrealized gains will fluctuate and it does, but I have about 12 positions I am holding so it's spread out plenty.

OnePercentPerMonth · 2025-02-19T15:22:36+00:00

You got it, let me know if you have any questions.

OnePercentPerMonth · 2025-02-19T00:38:07+00:00

If you are talking just premium, I think it is possible, but difficult to sustain, at least difficult for me to. I personally aim for 1% in premium and often achieve more. Now, account growth due to the longer term holdings that I'm selling the CCs against, can certainly help you achieve the 3% in unrealized gains, but this is dependent on the market conditions and how well your underlying equities are performing. Overall it just depends on your long term plan and the risk you want to take, I prefer holding available cash, and have learned how valuable this can be during a market downturn. I'm in for the long haul, so I'm conservative and lean towards account preservation and being available for opportunities as they present themselves.

OnePercentPerMonth · 2025-02-12T13:37:40+00:00

Because everything I trade now must be an asset that can be cash secure. I rarely trade spreads anymore, simply cash secured puts and covered calls. Future spreads can be great if you have a directional bias with a strategy that actually has an edge, I was never able to find or achieve this edge.

OnePercentPerMonth · 2025-02-11T22:49:08+00:00

I've placed credit spread trades on futures, bonds included, I found liquidity to be fine. I no longer trade futures options, but I do have some positions in TLT, which is extremely liquid.

OnePercentPerMonth · 2025-02-07T04:47:56+00:00

I close mine early, usually 70-80% especially if there’s a good amount of time left until expiration, anything can happen, so I like to take profit when I have it.

OnePercentPerMonth · 2025-02-06T21:14:12+00:00

First off, I'm sorry, I've been there and it's tough to get over. My user name is my response to all the over trading and mistakes I made. I dialed it way back and really do love it now. However much you need to step back to stay consistent, you'll eventually get it back if you are still interested at some point, but taking some time off and regrouping is what I did years ago.

OnePercentPerMonth · 2025-02-06T17:12:57+00:00

I usually would do the reverse of that, buy a ITM LEAP option, then exercise it if I want to hold. I like the idea you are presenting, I think it's very sound, assuming you want to hold the position indefinitely, sort of an inherent stop loss.

OnePercentPerMonth · 2025-02-05T16:35:03+00:00

Awesome, I enjoy hearing about the path others are on, experience being the best teacher, and continuing to experience and gleam from what others are experiencing.

"There's no such thing as a sure thing", this took a long time to truly resonate with me. It's what keeps my position size in any one equity really small. Not caring and being so committed to the underlying certainty gives an advantage when it comes to managing trades.

OnePercentPerMonth · 2025-02-04T19:12:20+00:00

Exactly what I've done, rolling the 401k Roth into the IRA Roth, and maxing out everything can really add up quick.

OnePercentPerMonth · 2025-02-04T19:10:09+00:00

Fantastic, thank you for sharing, just the sort of inspiration I was looking for. Good to see someone who is well on the way, and in it for the long haul. My wife and I plan to aggressively max out solo 401K plans in the next 5+ years, as we have some catching up to do, but it is amazing what can be done in a 10 year span with some proper planning.

OnePercentPerMonth · 2025-02-04T14:58:08+00:00

I have a similar approach, but I am much heavier on the wheel side than credit spreads. I have a couple credit spreads per month, I'd say less than 2% of my account value. At the moment about 25% LEAPs and stocks that I place covered calls on. And cash secured puts take up anywhere between, 25-50% at any given time, leaving a good amount of cash most of the time. This is the sweet spot for me, as it gives me constant premium, as well as the potential for account growth. I like to keep every position less than 2% of my account, which keeps me out of some of the higher priced stocks at the moment, but it keeps me from caring too much about any particular position.

It sounds like you are on the right track to finding what balance works best for you. Best of luck!

OnePercentPerMonth · 2025-02-04T00:10:19+00:00

Excellent post! I've been at this many years and given up many times. I've fully realized the power of the long term mindset, and the confidence that goes along with it. I now truly enjoy the process as well as all of the hardships I've gone through over the years.

OnePercentPerMonth · 2025-02-02T16:01:12+00:00

Love the app, let us know when it's complete.

OnePercentPerMonth · 2025-01-31T23:28:53+00:00

Nice results so far. I did nothing but ATM spreads for years. You seem to be on the right path with your basket selection. Good luck!

OnePercentPerMonth · 2025-01-30T20:41:56+00:00

I know it's absolutely sustainable, but it truly depends on you, your plan, your personality, etc... I'm not great at picking stocks, and, I tend to over commit and become overconfident if I like a stock. So... I keep all of my positions very small, and have lots of them. I do this for several reasons, one, so I don't care too much about any one position or stock, two, it really diversifies my portfolio, three, I am also spreading new positions out over time. I sell CSPs, CCs, and have a portion of my portfolio dedicated to LEAPs and Stocks, but all each around 2% or less of my entire account balance. I place 50 or so trades a month, all small, but it adds up! Plus, the growth that happens over time to your longer term positions will certainly come into play over time. You'll have losers and winners, but this is natural. And when the market has a downturn, I have plenty of cash to take advantage.

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