- Maximize Contributions
Make annual contributions up to $58,000 or $64,500 if age 50 or older in Roth, pre-tax, or after-tax.
- Borrow Up to $50,000
Borrow up to $50,000 or 50% of your account value (whichever is less) and use loan proceeds for any purpose.
- Get Checkbook Control
Serve as trustee of your plan and make alternative asset investments on your own with no custodian.
- Hassle-Free Administration
Easy to operate and administer. There’s generally no annual filing requirement unless your account exceeds $250,000 in assets.
- Real Estate Investor Bonus
Leverage your 401(k) plan assets and pay no UBTI tax.
- No Transaction Fees
Invest for one low flat fee, with no transaction fees, asset valuation fees, or minimum balance requirement.
Do everything on our app
2. Roll over funds
You can perform a tax-free direct rollover or indirect rollover to a passive custodian like IRA Financial Trust.
Download our info kit for more in-depth reading about the Solo 401(k)
Robust, easy to read, and updated for 2020. This guide is your one-stop shop for all the most important questions about the Solo 401(k).