For businesses that employ only one owner (and spouse, if applicable) the Solo 401(k) plan is a great option.
Solo 401(k) plans allow up to $61,000/yr in contributions without restriction. (Includes $6500 catch-up for those 50 and older.)
Get started nowPlans are not subject to most qualification requirements or annual nondiscrimination testing.
Get started nowBecause they cover few employees and require little administration, fees for solo 401(k) plans are very affordable. You'll pay just $200 the first year and $150 per year after that, plus a 0.30% AUM fee.
Get started nowYou can choose your tax advantage: traditional plans reduce your taxable income now, while Roth plans allow for tax-free distributions in retirement.
Get started nowGet started today. We'll help.
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