ADDING A SOLO 401K PLAN TO YOUR RETIREMENT PORTFOLIO DMITRIY FOMICHENKO
he Self-Directed Solo 401k Plan offers unique benefits such as high contribution limits, checkbook
control and unlimited investment capabilities. Unfortunately, many are unaware that they qualify for the
Solo 401k.
The Solo 401k is available to those who are self-employed and small business owners, even on a part-time
basis. This means that an individual can qualify for the Solo 401k if he or she has a small business “on the side.”
The self-employment needed to qualify for a Solo 401k can be part-time and can be in tandem with full-time
employment elsewhere.