#403 The Power Of a Solo 401k
Main Street Business
00:00
Do I Qualify for a Solo K?
If you don't have any full-time or part-time employees on a W2, and you're making money in a small business, you freaking are a perfect candidate for solo K. Solo Ks are this product of awesome 401K plans for solo-preneurs. Individual business owners, their partners and spouses can be included, but they create these plans assuming you don’t have other employees. If you've had an employee part-time with you for two years and 364 days, it's time to fire them. But if you have no employees, green light.
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