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2. What is a solo 401(k)? A great self-employed retirement option

   www.aol.com/finance/solo-401-k-great-self...

   A solo 401(k) plan, also called a one-participant 401(k) or a solo K, offers self-employed people an efficient way to save for retirement. There are no age or income restrictions, but participants ...

3. Contribution Limits for a One-Participant 401(k)

   www.aol.com/finance/contribution-limits-one...

   A one-participant 401(k) or solo 401(k) is an attractive retirement savings option for self-employed workers or business owners. While they’re similar to the standard 401(k) plans often offered ...

4. Solo 401 (k) - Wikipedia

   en.wikipedia.org/wiki/Solo_401(k)

   A Solo 401(k) (also known as a Self Employed 401(k) or Individual 401(k)) is a 401(k) qualified retirement plan for Americans that was designed specifically for employers with no full-time employees other than the business owner(s) and their spouse(s). The general 401(k) plan gives employees an incentive to save for retirement by allowing them ...

5. Roth solo 401(k): What it is and who should get one

   www.aol.com/finance/roth-solo-401-k-one...

   A Roth solo 401(k) offers the same contribution limits as a Roth 401(k) with a normal employer. For 2023, the contribution limit is $22,500 and for 2024 it’s $23,000. Those 50 and over can make ...

6. 401(k) - Wikipedia

   en.wikipedia.org/wiki/401(k)

   The Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) made 401(k) plans more beneficial to the self-employed. The two key changes enacted related to the allowable "Employer" deductible contribution, and the "Individual" IRC-415 contribution limit.

7. Best retirement plans for the self-employed - AOL

   www.aol.com/finance/best-retirement-plans-self...

   Here are the details on self-employed retirement plans, including which may be the best. ... (Roth) basis – but supercharges it, with a $69,000 maximum annual contribution limit in 2024.