Solo 401K Plans

A Solo 401k is a qualified retirement plan thats designed specifically for businesses including Corportations, Sole Proprietors, Partnerships and Nonprofit Individuals that employ only the owners and their spouses. Pretax contributions may reduce employee’s taxable income. Contributions are deducted the same as a 401k plan. Only the business owner and his or her spouse are eligible to participate in the plan.

 

 

 

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