Self-employed Solo 401k FAQ – Can I have a Solo 401k if my business has employees?
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Solo 401k FAQ: Can I have a Solo 401k if I have employees?
Can I open a Solo 401k if my business has employees?
Yes as long as such non-owner w-2 employees don’t meet the eligibility requirements (i.e. w-2 employees working 1000 hours per year with 1 year of service or 500 hours per year for 3 consecutive years starting in 2021 or later).