Self Employed? Meet Solo 401k

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The Solo 401k is the perfect retirement plan for the self employed, combining the strengths of both IRA and 401k accounts and solving the weaknesses.

Setting up a Solo 401k is easy

Setting up a Solo 401k retirement plan is easy and allows for tax-deductible contributions much larger than an IRA or standard 401k. Plus it puts you in control with access to a world of alternative investment options.

Solo 401k Deduction Estimate
See if you qualify and estimate your tax deduction
Open Solo 401k Plan
Open your Solo 401k plan and holding account
Fund Your Solo 401k
Fund your Solo 401k with a rollover or contribution
Claim your tax deduction and invest in alternative assets
App features shown above coming soon.

Invest in virtually anything

Your Solo 401k makes you the CEO of your money with access to a full range of investment options so you can grow your money faster.

Real Estate

Long-term rentals
Vacation rentals
Offshore property
Apartment syndications
Crowdfunding
Tax liens
Mortgage notes

Digital Assets

Bitcoin
Crypto-assets (ETH, SOL, etc)
DeFi tokens
Security tokens
DAOs
NFTs
L1s and L2s

Startups

Venture capital
Angel investing
SAFEs
Convertible notes
Crowdfunding
SaaS
Fintechs

Traditional Assets

Stocks
Bonds
Mutual funds
ETF's
Life Insurance
Annuities

Alternatives

Precious metals
Private placements
Private lending
Hedge funds
Offshore investments
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Plans Setup
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Clients
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Years in Business

Free rollovers, roth's & spouse accounts

Your Solo 401k is four accounts in one, and there are no transaction fees or rollover fees.

Spouse Solo 401k
Solo 401k Spouse Account

How much can I deduct?

Contribution limits are based on net earnings from self employment. The more you earn from self employment, the bigger the tax deduction you get for saving and investing for your future.

Select Your Income Range
Solo 401k Loan
App features shown above coming soon.

Take a $50,000 loan instantly

No credit check, no bank—instant approval—all from within your Solo 401k online dashboard.

Watch Your Money Add Up Faster

The difference this can make in your finances is significant due to the effects of larger contributions and a higher growth rate.

Solo 401k vs IRA vs SEP IRA
Solo 401k vs IRA vs SEP IRA

* Illustration assumes net earnings from self employment of $148,000/yr, maximum Solo 401k contributions of $56,000/yr and investment growth of 12%/yr with alternative investments; compared to maximum contributions into IRA of $6,000 and SEP IRA of $37,000 with compound annual growth rate equal to that of S&P 500 in 2000-2018, including dividends, which is 4.83%.

Still wondering if a Solo 401k is right for you?

Book a free no-pressure call with a Self Directed Retirement Expert and get answers to your questions about The Solo 401k.

Get the FAQ's on The Solo 401k

The Solo 401k is a special type of retirement plan for business owners (and their spouses). In many ways, the Solo 401k functions like a corporate 401k plan but allows you greater freedom to invest in what you want, and contribute on your own schedule because you are your own 401k plan administrator and trustee.

There are two elements needed to qualify for a Solo 401k:

1) The presence of self-employment business activity and

2) the absence of full-time employees. Please see our page on Solo 401k

Click here to instantly see if you qualify.

The application will only take you a few minutes. After you submit your application to us, we’ll have your documents prepared and delivered to your private encrypted 401k document dashboard in just a couple hours! You have access to your private 401k dashboard 24/7 so you can begin a rollover at 2 am without waiting for someone to have to send you any paperwork. However, the Nabers Group team is always a phone call, email or online chat away to answer any of your questions and make sure you’re well supported.

Click here to start your Solo 401k application.

You can rollover almost any type of retirement plan into the Solo 401k, including a traditional IRA, another 401k plan, 403b, pension plan, TSP, etc. The only retirement plan that cannot roll into a Solo 401k is a Roth IRA as per IRS rules.

The Nabers Group team is here to help every step of the way. Our revolutionary proprietary software will help you complete and generate a rollover packet to send to your current custodian in 2 minutes or less. Your rollover packet includes all the relevant compliance paperwork proving your Solo 401k is an IRS-approved plan, including a copy of our IRS Opinion Letter, and even sample 1099-R so your custodian can document the rollover as a direct rollover.

You’ll receive a check in the mail for your rollover funds with the check made payable to your new Solo 410k trust. Nabers Group never touches your money so it’s safe in your hands as your own 401k trustee. Nabers Group is not a custodian so we don’t manage your investments. You are your own custodian, giving you full freedom and flexibility to invest your funds any way you choose.

You can rollover a portion or all of your funds into the Solo 401k plan. It’s your choice.

You can rollover cash and/or in-kind assets. Our rollover paperwork will give you a section to note if and how you’d like to rollover in-kind assets such as stocks, bonds, or even real estate.

As of 2022, you can contribute up to $61,000 (or $69,500 if you are age 50 or older). If your spouse participates in the Solo 401k plan with you, double that contribution amount!

Yes, you can!

Yes! The Solo 401k has two types of contributions: employee (salary deferral) contributions and employer (profit-sharing) contributions. Your employee contributions are limited to $19,500 across all 401k plans (or $26,000 if you are age 50 or older). That means if you are contributing $10,000 to your regular 401k at work, you would be able to contribute the remaining $9,500 to your Solo 401k plan. Employer (profit-sharing) contributions stand alone so the amount you contribute to the employer portion of your Solo 401k plan does not affect your regular job 401k because they are two distinct employers/businesses.

Yes! Ever since the Pension Protection Act was passed in 2006, you have the ability to do a tax free transfer, or “rollover,” of retirement funds from one retirement account to another.

You must meet 2 requirements to open a Solo 401k:

1) Entrepreneurship – This can be working as a freelancer, independent contractor, or business owner. This can be in the form of a sole proprietor or a formal corporation or LLC. Your entrepreneurship can be brand new, part time, or full time.

2) No full time employees – If you pay yourself a W2 paycheck that’s fine, but no outside W2 employees who work 1000+ hours a year.

No problem! We’ll write a special type of Solo 401k plan for you (for a small additional fee) where your business partner is excluded from participating in your plan. This allows the plan to remain truly “Solo”.
No. If you or your spouse own a business that has W2 employees who work more than 1000 hours per year, you do not qualify for a Solo 401k account and the Checkbook IRA is the best type of Self-Directed retirement account for you.
Yes, it is possible for your spouse to participate in your Solo 401k, without having to create another Solo 401k plan. He/she will be able to rollover and contribute funds alongside you. This also means you and your spouse can combine your retirement funds for investments, which is illegal in IRAs.
The Solo 401k is a retirement account and is tax-deferred, therefore there is no tax return due for a Solo 401k plan. Once you have $250,000 or more in total plan value (add up all your assets and cash in the plan), you will file form 5500-EZ. If you have less than $250,000 in your 401k plan, nothing needs to be filed. The Nabers Group team has guides and articles to guide you and your CPA through successfully completing this form. Our clients have told us that with the help of our trainings and guides, the 5500-EZ took them less than 10 minutes to complete!
Yes, we were the very first non-custodial document provider in the industry and have been setting up Solo 401k plans since 2006 when the Solo 401k first came into existence. Your Solo 401k plan includes a copy of our IRS Opinion Letter proving our 401k plan and trust have been approved by the IRS. We work with the IRS and DOL on a consistent basis to ensure our documents are up to date and afford the greatest freedoms to Solo 401k accountholders while maintaining the strictest compliance standards.

No. With a Solo 401k, you can be your own custodian.

No. Because you don’t need a custodian, you also don’t need to create a “checkbook control” LLC. Your “checkbook control” feature is built in to your Solo 401k. This saves you fees, delays, and the potential of getting into compliance trouble as most self directed IRA fraud happens in custodian accounts.

Yes! And it’s better than a self directed IRA because your Solo 401k is exempt from taxes on leveraged real estate profits.

Yes! ROTH is a special tax treatment that allows you to not only grow your money tax free, but make retirement distributions tax free as well. You can have traditional and Roth funds all in one Solo 401k, and your spouse can too. This means it’s like 4 retirement accounts in one.
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Have more questions?

The Solo 401k Blog

Read up on self directed retirement

Nabers Group is a A+ Better Business Bureau Accredited business with a fanatical dedication to excellence in customer service and lifetime customer support to our accountholders.

600 17th Street
Suite 2800
Denver, CO 80202

Phone: 877-765-6401
Fax: 775-201-1456
Email: [email protected]

Business Hours:
Monday-Saturday 8 am-6 pm MT
Sunday by appointment

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