Solo 401(k) Participant Loan: How to Borrow Up to $50,000 From a Rolled-Over Former Employer Plan By George Blower, Retirement Accounts Attorney, My Solo 401k Financial September 1, 2026 Can I borrow from my old 401(k) after rolling it over to a Solo 401(k)? Direct Answer Former employer 401(k) plans prohibit new participant loans once […]
Morgan Stanley Solo 401(k) Plans End December 31, 2026: Your Action Plan Published August 30, 2026 | Based on the My Solo 401k Financial live webinar of August 27, 2026 | By George Blower, Retirement Accounts Attorney Direct Answer Morgan Stanley Solo 401(k) plan holders must obtain replacement plan documents before December 31, 2026. Morgan […]
Are Democrats Moving to Ban Trump Accounts? The $10M Mega IRA Crackdown Explained Watch: How the new Trump Accounts could eventually collide with a proposed $10 million retirement account cap A newborn with a Trump Account could, decades from now, run straight into a proposed $10 million cap on retirement account balances. That is not […]
Does Schwab Allow 401k Loans? Watch: Why Schwab’s basic plan blocks 401k participant loans — and how solopreneurs unlock them while keeping their accounts at Schwab Quick Answer: No. Schwab’s own basic Solo 401k plan document does not allow 401k participant loans. Like virtually every discount brokerage, Schwab has made the business decision not to […]
Solo 401k Withdrawal Hack: How to Avoid the Mandatory 20% Withholding Watch: How to legally sidestep the mandatory 20% federal withholding on a Solo 401k distribution If you’ve ever needed a lump sum of cash from your Solo 401k — for a business opportunity, an emergency, or anything else — you’ve probably run into an […]
BREAKING: Edward Jones Exits Solo 401k Plans — What Owner K Clients Must Do Before IRS Deadline Watch: Full breakdown of the Edward Jones Owner K exit letter, key deadlines, your options, and cost & feature comparison In an official client notification letter dated June 29, 2026, Edward Jones announced it is exiting the Solo […]
Every Way to Fund a Roth Solo 401k in 2026 (And the One Way You Can’t) The Roth Solo 401k is consistently one of the most requested topics among new Solo 401k account holders. A plan gets established — often with accounts at Schwab or Fidelity — and immediately the principal question emerges: How do […]
Married Solopreneurs: How to Save $144K into Mega Backdoor Roth for 2026 Watch: How a married couple can save $144,000 into a Mega Backdoor Roth for 2026 using a Solo 401k If both spouses work in the same owner-only business, 2026 opens the door to one of the most powerful Roth savings strategies available to […]
Does Fidelity Allow 401k Loans? Watch: How solopreneurs unlock Solo 401k participant loans by restating their Fidelity plan documents Short answer: Fidelity’s basic Solo 401k plan does not allow 401k participant loans. But that doesn’t mean you’re stuck. If you already hold a basic Fidelity Solo 401k — or you’re comparing your options before opening […]
2026 Solo 401k Contribution Limits by Age Watch: My Solo 401k Financial breaks down the 2026 Solo 401k contribution limits by age If you are a high-income business owner or solopreneur, the Solo 401k offers the highest contribution limits of any defined contribution plan available to the self-employed. The reason is simple: in the words […]
