Saving for retirement should be accessible to everyone, even when they’re self-employed. With 401GO, you access a Solo 401(k) plan that fits your budget and financial goals. Start saving today for a financially secure future.
Individual 401(k) Plans
Solo 401(k) for Contractors, Sole Proprietors & More
Two out of three business owners in the United States are entrepreneurs, and 401(k) plans should not be restricted to those with a traditional employer. With a solo-k plan from 401GO, you enjoy all the amenities of a traditional 401(k) plan packaged specifically for solo business owners. Save for retirement even as a sole proprietor, single-member LLC, contractor, and more.
401GO’s Approach to Solo 401(k)
Built with Contractors, Single-Member LLCs, and Sole Proprietors in Mind
Affordable Pricing
Exceptional Customer Service
Intuitive Mobile App
Personal Financial Management Tools and Solo 401(k) Calculator
Qualifies for Tax Credits Under Some Conditions
Client Testimonials
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Our Software
The 401GO Solo-K Experience
Automated Compliance
All the paperwork that comes with managing a 401(k) can be a headache, particularly when you run your own business. 401GO’s technology automates many of these processes so you can focus on your job.
Investment Options
Through a Solo 401(k) plan with 401GO, you have access to a multitude of investment options. You can invest in a broad range of funds or other resources to make your retirement savings go further.
Higher Contribution Limit
Your Solo 401(k) contribution limits are much higher than a traditional IRA. An IRA typically has a contribution limit of $7,000 per year as of 2024, but with a Solo 401(k), you can contribute up to $69,000 (or $76,500 for those 50 and older).
Powerful Perks
With 401GO, you get access to our convenient mobile app, a retirement calculator, budgeting tools, a financial goal tracker, spending insights, and educational content. We also connect you with our trusted financial advisors in your area.
Our Pricing
Pricing to Fit Your Business
A Solo 401(k) plan with 401GO starts at $250 for the first year. For every year after, the price drops to $19 per month with no per-participant fee. Throughout our service, 401GO charges a small 0.3% assets under management (AUM) fee.
401(k) Plans
Safe Harbor Plans
Since many small companies have trouble meeting the IRS compliance standards, we offer Safe Harbor plans. These plans exempt businesses from required testing, making it easier for them to remain in compliance.
Frequently Asked Questions
Questions? We’ve Got Answers
What is a Solo 401(k)?
A Solo 401(k) plan—occasionally called a solo-k plan—is a 401(k) plan specially tailored to business owners who don’t operate with employees. Common forms of these are skilled contractors, single-member LLCs, or sole proprietors.
How do I open a Solo 401(k)?
To open a Solo 401(k) plan, contact 401GO. Be prepared with your employer identification number (EIN) and we can onboard you in less than fifteen minutes.
Who is eligible for a Solo 401(k)?
If you’re self-employed or run a business with no employees, you most likely qualify for a Solo 401(k) plan.
What are the tax benefits of a Solo 401(k)?
With a Solo 401(k) plan, you get all the tax benefits of a traditional 401(k). These include tax breaks for savings, tax-deferred or tax-free growth, and a generous annual maximum contribution.
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Take the First Step Right Now.
Are you ready for a Solo 401(k) plan that fits your lifestyle? We make it so easy you can start the process on your own, right now.
