Tag Archives: pretax

Separate Participant/Holding Accounts for the Solo 401k Plan

A solo 401k plan falls under the defined contribution plan umbrella not the defined benefit plan umbrella. As a result, each solo 401k participants funds must be separately accounted for. Solo 401k contribution types (i.e., pretax, roth and voluntary after-tax) require separate tracking as well. The need for separately tracking the participants’ funds and sources […]