Eligibility
Understanding Controlled and Affiliated Service Groups for Solo 401ks
Solo 401ks are a powerful retirement savings tool designed for self-employed individuals and business owners without full-time employees. However, the...
I am a business owner in a partnership. Do I and my business partners qualify for a solo 401k, and do we need to get separate plans?
Yes, each partner would be eligible for a solo 401k, as long as they are active in the business. Each partner needs to earn self employment income fro...