Solo 401(k) Advantages

A Solo 401(k) is perfect for sole proprietors, small businesses and independent contractors such as consultants. A Solo 401(k) Plan can be adopted by any business with no employees other than the owner(s). The business can be established as a sole proprietorship, LLC, corporation, or partnership. A Solo 401K plan offers the same advantages as a Self-Directed IRA LLC, but without having to hire a custodian or create an LLC.

The Solo 401(k) plan is unique and so popular because it is designed explicitly for small, owner-only business.  It’s a tax efficient and cost effective plan that offers all the benefits of a Self-Directed IRA plan, and includes additional benefits.  There are many features of the Solo 401(k) Plan that make it so appealing and popular among self-employed business owners.

Please contact one of our IRA Experts at 800-472-0646 for more information.

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