What Is a Solo 401(k)?
Just because you are a one-person outfit, a freelancer, or an independent contractor doesn’t mean you have to do without a retirement savings plan or the tax benefits that accompany them.
One option If you are self-employed is the solo 401(k), also known as an independent 401(k) plan. In fact, the Solo 401(k) has some benefits over other types of retirement accounts available to the self-employed.
