Thanks for your thorough reply. I'm not sure I understand all of what you said. I have already contributed the full $8k to my personal, non-business traditional IRA. I don't know if that affects what you said about IRAs. I'm assuming I can't contribute any more to any IRA, but I hope the 8k already contributed doesn't affect what I can do with the 401k as you described above. Also to make sure: If I contribute the maximum to my 401k minus the 10k for insurance premiums, are you saying I can contribute the 10k to a Roth 401k? If so, could that also be a SEP or Simple IRA? I'm not sure Fidelity has a Roth 401k.
