Best Solo 401k Features & Benefits

Discover why our Solo 401k plan is considered the Best Solo 401k for entrepreneurs and self-employed individuals. With powerful features designed to simplify retirement savings, our plan offers:

    • Seamless integration with top payroll providers like Gusto, Paychex, and ADP, including automated contributions
    • Mega Backdoor Roth contributions up to $83,250 for 2026
    • A $1,500 Solo 401k tax credit that more than covers our fees for the first 7 years

These are just a few of the reasons why so many choose our plan as the best option for their Solo 401k. Explore more benefits and features below!

How can our Solo 401k plan benefit you?
Fast Account Setup and Funding
  • Solo 401k Plan Documents prepared within same business day
  • Open and fund account in as fast as 1 business day
Reduce Your Taxable Income Now
  • Pre-tax contributions to reduce your taxable income for the year of the contribution
Tax-Free Growth
  • Roth and/or Mega Backdoor Roth contributions for tax-free growth
  • In-Plan Roth Conversion and Rollover
Flexible Contribution Options Choose from various contribution types—including pre-tax, Roth, and after-tax—allowing you to optimize your tax strategy and retirement savings.
Catch Up on Retirement Savings
  • Highest contribution limits for any defined contribution plan
  • Contribute up to $70,000 (or $77,500 if age 50 or older or $81,250 if age 60-63) for 2025
  • Contribute up to $72,000 (or $80,000 if age 50 or older or $83,250 if age 60-63) for 2026
Maximize Savings with Our Low-Cost Solo 401(k)
  • $1500 Solo 401k Tax Credit covers the fees for over 7 years
  • Free Brokerage Account
  • Free Online Trading
  • Free Checkbook
  • No Assets Under Management (AUM) fees
  • Flat $125 Annual Fee including comprehensive solo 401k compliance support at no additional charge
Invest in What You Want A wide range of investment options are allowed such as the following:
  • Mutual Funds, Stocks, Bonds, ETFs
  • FDIC-Insured CDs
  • Real Estate
  • Private Placement
  • Private Stock
  • Crypto
  • Precious Metals
  • Notes
Easy To Use
  • Open and fund brokerage account online in as fast as 1 business day
  • Payroll Integration with top providers such as:
    • Gusto
    • ADP
    • Paychex
    • Rippling
    • Plus other payroll providers
  • Set up automatic recurring contributions with payroll providers
  • Set up automatic recurring 401k loan payments with payroll providers
  • iPhone & Android App
Access Emergency Funds Tax- and Penalty-Free
  • Solo 401k loans up to the lesser of 50% of your account balance or $50,000
  • No early withdrawal taxes or penalties
  • No credit check
  • No approval or underwriting process
  • No loan fees
  • Use loan proceeds for any purpose
Comprehensive Support
  • Flat $125 Annual Fee including comprehensive solo 401k compliance support at no additional charge
  • Unlimited free rollovers
  • Mandatory plan updates and amendments
  • Form 5500-EZ and Form 1099-R preparation and electronic filing included as optional free service
  • Solo 401k loan document preparation
  • Phone & Email support
  • Daily “Office-Hour” webinars hosted by Senior Compliance
Educational Resources
  • MyCommunity with over 30,000 members
  • Online forums
  • Library of hundreds of educational videos and webinars
  • Solo401k.AI chatbot to quickly answer questions and find resources

 

Top Features of My Solo 401k Financial Plan
Open and Fund Account in as fast as 1 day
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$1500 Solo 401k Tax Credit
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Mega Backdoor Roth
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Payroll Integrations with Gusto, ADP, Paychex and More
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Automatic Contributions
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In-Plan Roth Rollovers
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Solo 401k Loans including document preparation
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Alternative Investing
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Checkbook Control
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Unlimited Free Rollovers
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Form 5500-EZ and Form 1099-R preparation and electronic filing
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Flat $125 Annual Fee with no AUM fee
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IRS Mandatory Plan Updates and Amendments
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IRS Audit Support
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Expert and Responsive Support including phone and email
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MyCommunity with over 30,000 members including online forums and daily “Office-Hour” Webinar calls
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