Georgia Solo 401k Plan

The first 401k plan was offered as a result of the Employment Retirement Income Act 1974 (ERISA). A Georgia Solo 401k, just like all 401ks, is approved by the IRS, not the state of Georgia. Under state law, Georgia offers creditor protection to solo 401k plans.  See Georgia Code Ann. Sec. 18-4-22.

While all 401ks are for those employed to save for retirement, a Solo 401k is for the self-employed with no full time employees. Commonly both spouses participate in the Solo 401k or both business partners since Solo 401k is for maximum of two (2) participants.

Georgia Solo 401k Plan Highlights

Shielded from Creditors: In the state of Georgia, Solo 401k or self-directed 401k are shielded from creditors  for income necessary to for support of the solo 401k participant.

Approved by IRS: Ultimately all 401ks including Solo 401k are approved by the IRS through the issuance of an IRS Opinion Letter.

Solo 401k Checkbook Control: Since we name you Trustee of your Solo 401k Plan and our Solo 401k plan document allows for investing in both equities (mutual funds and stocks), and alternative investments (real estate, notes, precious metals, tax liens, private business, etc.) by writing a check, we will assist you in opening Solo 401k checking account at your local bank or credit union in the State of Georgia.

Additional Information:


IRS Solo 401k

Ameritrade Solo 401k

Schwab Solo 401k

Fidelity Solo 401k

Solo 401k Checkbook Control

Solo 401k Real Estate

​Solo 401k Non-recourse Loan

​Gold Solo 401k

​What is a Solo 401k


If a property located in Georgia that is owned by a solo 401k plan is sold to a third-party, does Georgia law require the payment of 3% tax collected upfront based on the gross proceeds?


The 3% withholding requirement does not apply to tax-exempt organizations (see A self-directed 401k plan is a tax-exempt organization-specifically, it is a federal retirement trust which is tax-exempt (see the SS-4 form of the solo 401k trust confirming this tax-exempt status).

SOLO 401(K)