Solo 401(k): Understanding self-employed retirement plans
https://www.empower.com/the-currency/life/solo-401k
WEBA solo 401 (k), also known as a one-participant 401 (k) plan 1, is for a company with no employees. A solo 401 (k) shares all the characteristics of any other 401 (k) plan, but it only covers the business owner and their spouse. Solo 401 (k) eligibility criteria. To open and contribute to a solo 401 (k), you’ll have to meet two criteria:
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