What are some of the benefits of using the loan feature of the Solo 401(k) Plan?

As a result of the recent economic meltdown, banks and other financial institutions have severely limited their lending capacity to self-employed business owners, thus, causing grave financial pressure on self-employed business owners. The Solo 401(k) Plan is a perfect structure for any self employed business owner seeking immediate funds for their business. Solo 401(k) participants can borrow up to either $50,000 or 50% of their account value - whichever is less to help finance or operate their business. Other useful ways of using the participant loan feature is to:

Please contact one of our 401(k) Experts at 800-472-0646 for more information.


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