What is a Solo 401k?

Learn everything you need to know about Solo 401k retirement plans for self-employed individuals and small business owners in this comprehensive video guide.

1 minute
Updated 2025

Video Summary

This video covers everything you need to know about Solo 401k plans, including:

  • What exactly is a Solo 401k and who can use one
  • How Solo 401k contribution limits work for 2024 and 2025
  • The key advantages over other retirement plans like IRAs and SEP-IRAs
  • Investment options and flexibility
  • Tax benefits and strategies
  • How to set up and manage your Solo 401k