What is a Solo 401(k)?

If you are self-employed, it may be difficult to save for retirement. A Solo 401(k), also known as a Uni-k, Solo-k or One-Participant-k), is a great solution to help you plan to retire.

A Solo 401(k) operates the same as a 401(k), without the employer contribution. Another difference between a traditional 401(k) offered by an employer and a Solo 401(k) is there are generally less fees to set up and maintain a Solo 401(k). This makes the Solo 401(k) more flexible when it comes to investment opportunities and also offers more versatility in the amount you can contribute.

Call us to learn more about switching to a
Solo 401(k).

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