Author: Erica M. Branton, Park naturalist
Answered Monday, October 25, 2021Answer:
The best solo 401k is a self-directed IRA, so you can hold your assets in real estate, stocks or other investments.Author: Eric J. Lietz, Relay technician
Answered Monday, October 25, 2021Answer:
The best solo 401k is what's the best for your situation. There is no one size fits all answer to which "solo 401k" plan is going to be the best. Factors that will determine this include whether you want a deductible or nondeductible plan, do you want loans, and whether or not you want a SEP IRA as well as a solo 401k. Contact your CPA, financial advisor, and/or accountant for advice on this question.
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