Open a Solo 401(k) with a Provider That Puts Your Retirement First
Open a Solo 401(k) with a trusted Solo 401(k) provider. Designed for self-employed professionals and small business owners, it offers higher contribution limits, flexible investments, and full control over your retirement savings.
What is a Solo 401(k)?
A Solo 401(k), also known as an Individual 401(k), is a retirement savings plan designed specifically for self-employed individuals and small business owners with no full-time employees other than themselves, their spouse or other business owners.
This plan allows for both employer and employee contributions, enabling higher annual contribution limits compared to other retirement plans. A Solo 401(k) can also offer a Roth option, loan provisions, and the ability to invest in a wide range of assets, including stocks, real estate, and precious metals through the self-directed structure. It’s a powerful tool for maximizing retirement savings while maintaining flexibility and control.
Why Choose Us as Your Solo 401(k) Provider?
IRA Financial is a specialized Solo 401(k) provider. When you choose us to manage your Solo 401(k), you get expert support, low fees, and a seamless setup process to help you build wealth in a tax-efficient way.
Flat, transparent pricing with no asset-based costs.
Serving investors in all 50 states.
Live chat and phone service available during business hours.
Invest without custodian approval.
Led by Solo 401(k)Â specialists.
100% Self-Directed IRA solutions.
Solo 401(k) Pricing
We believe investing for retirement shouldn’t come with complicated fee structures or fine print. You keep more of what you earn, and you stay in control every step of the way.
Solo 401(k)
$399
/ annually
- $999 setup fee
- Free Solo 401(k) tax and consulting services and plan document updates as required
- Free preparation and filing of IRS Form 5500-EZ
- Borrow up to $50,000 tax free
- Mega Backdoor Roth option included
- Guaranteed IRA audit protection.
Public Markets, Now Available
Hold stocks, ETFs, and mutual funds alongside your alternative investments — all in one self-directed account with one flat annual fee.
$150 off when you use code STOCKS
Stocks trading is a $100 add-on. Open an SDIRA, Checkbook IRA, or Solo 401(k), add stocks trading, and get $150 off your first year.
How to Start a Solo 401(k) Plan
Setting up a Solo 401(k) account is straightforward. Follow these steps to set up your plan and begin investing.
01
Open Your Account
Opening a self-directed retirement account is simple. 
Submit your online account application in just a few minutes. Get Started
02
Get your account number
Once your account is reviewed and approved. You’ll receive your account number and gain full access to our online retirement platform.
03
Fund your account
Transfer or rollover funds from an existing retirement account or fund your account through a direct contribution. Once funded, you’ll be able to make your investments and start growing your wealth.
The Benefits of a Solo 401(k)
Better Tax Advantages
Choose between two different Solo 401(k) plans:
- Traditional Solo 401(k) → Tax-deferred growth with pre-tax contributions (pay taxes later).
- Roth Solo 401(k) → Tax-free growth with after-tax contributions (pay taxes now, withdraw tax-free).
Loan Opportunities
A Solo 401(k) lets you borrow up to $50,000 (or 50% of your account balance, whichever is lower) tax and penalty free.
Higher Contribution Limits
With a $72,000 limit ($80,000 if age 50+ or $81,250 between the ages of 60 & 63), you can save more each year than with a Self-Directed IRA or SEP IRA.
Broader Investment Choices
Move beyond stocks and bonds to invest in alternative assets like real estate, cryptocurrency, private equity, precious metals, and more, expanding your opportunities for growth.
Direct Investment Control
Act quickly on investment opportunities with streamlined execution, reducing delays that can impact returns.
Creditor Protection
Solo 401(k) funds are protected under ERISA, making them safer from creditors than many other accounts.
Our Solo 401(k) vs Other Solo 401(k) Providers
Many Solo 401(k) providers charge asset-based fees, limit investment choices, or don’t offer full checkbook control. We provide a flat-fee plan with full investment flexibility.
IRA Financial | Other Providers | |
How to Choose the Right Solo 401(k) Provider
When evaluating Solo 401(k) providers, it’s important to look beyond just setup costs. The best providers should offer:
- Transparent pricing with no hidden fees
- Comprehensive compliance support to help you avoid IRS penalties
- Investment flexibility so you can invest in real estate, crypto, or alternative assets
- Fast account setup with dedicated support for small business owners
At IRA Financial, we built our Solo 401(k) plan to check every box. Unlike many Solo 401(k) providers, we combine low flat fees with ongoing compliance services
Book a Consultation
Schedule a free consultation with a member of our team to explore how opening a self-directed retirement account can unlock your ability to invest tax-free in a variety of alternative assets.
What Alternative Assets Can You Invest in with a Solo 401(k) Plan?
A Solo 401(k) account gives you the flexibility to invest beyond traditional stocks and mutual funds, allowing for greater growth potential.
See What Our Clients Have to Say
I've looked at all of the participants in this space and IRA Financial was the clear choice. They were the easiest to work with, answered all my questions and concerns prior to me taking the steps to open the account. The process is straight forward and there are no surprises. My investments in Real Estate have been largely successful. IRA Financial is professional, has great support, and put the customer in the driver's seat.
Before contacting IRA Financial Group, I conducted an extensive market research on Solo 401K providers. From the initial phone call, I was impressed with the professionalism, the wealth of information provided, the caliber of services. I commend the firm for the technically advanced and secured process they have in place for the transfer of documents and payments processing.
Online application process was very simple. Any questions I had was quickly responded to by humans and not simply an unintelligent bot. Establishment of my LLC and bank account was very smooth.
Solo 401(k) FAQs
Got questions? We’ve got answers. Below are the most common questions about Solo 401(k) plans, including eligibility, contributions, investment options, and tax benefits.
A Solo 401(k) is a retirement plan for self-employed individuals and business owners with no full-time employees. It offers:
- The ability to take a $50,000 tax-free loan
- Higher contribution limits than IRAs ($70,000 for 2025 or $77,500 if 50+).
- Pre-tax (Traditional) or after-tax (Roth) contribution options.
- Checkbook control, allowing you to invest without custodian approval.
To be eligible for a Solo 401(k), you must:
- Be self-employed or own a business with no full-time employees.
- Have self-employment income (freelancer, contractor, business owner, etc.).
For 2025, the total contribution limit is:
- $70,000 if under 50
- $77,500 if 50+
- $81,250 between 60 and 63
This includes both employee deferrals (up to $23,500) and employer profit-sharing contributions (up to 25% of compensation).
With checkbook control, you can invest in:
-  Real Estate – Buy rental properties, raw land, or commercial real estate.
- Cryptocurrency – Invest in Bitcoin, Ethereum, and other digital assets
- Private Equity – Fund startups, private businesses, or venture capital
- Tax Liens & Deeds – Purchase tax lien certificates for potential returns.
- Precious Metals – Buy IRS-approved gold, silver, and platinum.
Prohibited investments include collectibles and transactions with disqualified persons (e.g., yourself, family members).
Opening a Solo 401(k) account starts by choosing a qualified Solo 401(k) provider. At IRA Financial, we guide you through plan setup, paperwork, and compliance so you can begin making contributions and investing right away.
A Solo 401(k) provider establishes and administers your retirement plan. The provider handles plan documents, IRS compliance, and offers support for contributions, distributions, and investments. Choosing the right Solo 401(k) provider is key to maximizing flexibility and tax advantages.
Yes. Solo 401(k) plans are designed for self-employed individuals and small business owners with no full-time employees (other than a spouse). A Solo 401(k) provider can help you determine eligibility and set up the right plan.
A Self-Directed Solo 401(k) provider gives you control over your investments. Unlike traditional plans limited to mutual funds, a Self-Directed Solo 401(k) allows you to invest in real estate, private businesses, crypto, and other alternative assets.
When comparing Solo 401(k) providers, look for experience, flexibility in investment options, strong customer support, and transparent fees. A trusted provider like IRA Financial ensures your Solo 401(k) is compliant and tailored to your retirement goals.
Yes! A Solo 401(k) loan allows you to borrow:
- Â Up to $50,000 (or 50% of your balance, whichever is lower)
- Tax-free and penalty-free
- Must be repaid within 5 years
This is a huge advantage over an IRA, which does not allow loans.
Yes, you must take required minimum distributions from a traditional Solo 401(k) starting at age 73, even if you’re still working. Beginning in 2024, you do NOT need to take RMDs from a Roth 401(k) during your lifetime.
Ready to Invest in Your Future?
Whatever strategy you plan for retirement, we do it all. Build your retirement with a Self‑Directed IRA designed for alternative and non traditional investments.
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