Please check out this good question from our Daily Live Zoom call. Subscribe to our YouTube Channel to get notifications of our Daily FAQs.
QUESTION:
Does My Solo 401k Financial charge any investment fees for Self-Directed 401k investments?
RESPONSE:
No not at all. We don’t hold any of our customers’ funds nor offer investments.
Our Solo 401k fees are totally flat regardless of whether someone has millions of dollars in their account or just a few thousand dollars.
As described on our Solo 401k pricing page, the initial cost is $650 which includes the $525 establishment fee plus the first $125 annual fee. On the anniversary date (i.e. 12 months later), we charge our $125 annual fee which covers the second year of ongoing compliance support for the Solo 401k plan.
