MARK KOHLERMain Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, LLC · Owner at Main Street Professionals, LLC

Maximizing Your 401k Is NOT Enough Anymore 🛑

14 Jul 2026 · 0 min

Watch on YouTube

0:26

Mark Kohler shows how earning W-2 wages and self-employed income lets you contribute to both an employer 401(k) and a Solo 401(k) or SEP IRA. You can save far more in taxes by maxing out two retirement accounts instead of one.

The real issue is, are you earning business income? Even if you are getting a W-2 from a day job, you can have both. And here's what was interesting. See, you can have a day job with a 401 and also have your own retirement plan for your side hustle or your full hustle small business. You can have self-employed income on the side and still participate in two retirement accounts. That's pretty cool. Now we're talking major tax savings.