Contribute up to $69K/year.
After-tax contributions.
Emergency access to monies.
Solo 401(k) | IRA | |
---|---|---|
Annual Limit Per Individual | $69,000 | $7,000 |
Age 50+ Catch-Up Amount | $7,500 | $1,000 |
Roth Income Limit | None | $161,0002 |
Higher contribution limits allowing Owner-Only businesses up to $61k per year vs an IRA.
Contribute on after-tax basis with the Roth 401(k) option to have tax-free distributions if all requirements are met.
Tax-free loans offer access to money in case of emergency.
Contributing the max to your 401(k) account could drop you a tax bracket.
Roth 401(k) contributions and earnings cannot be taxed again later3— so all growth achieved with these investments will accrue tax-free if all requirements are met.
Full service, online access to administer and monitor your plan.
Our Customer Success Managers are
available at 1-800-431-7934 ext. 1,
Mon-Fri, 9AM-8PM EST to provide
guidance and answer any
questions.
Our Customer Success Managers are
available at 1-800-431-7934 ext. 1,
Mon-Fri, 9AM-8PM EST to provide guidance and answer any questions.