Who will receive the most benefits from a Solo 401(k) Plan?

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, such as high contribution limits (up to $59,000) and a $50,000 loan feature. There are many features of the Solo 401(k) plan that make it so appealing and popular among self employed business owners. A solo 401(k) Plan is typically used by owner owned business for the following purposes:

Retirement Saving Consolidation Through Rollovers

A solo 401(k) plan can accept rollovers of funds from another retirement savings vehicle, such as an IRA, a SEP, or a previous employer's 401(k) plan.

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

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