Self-Directed Solo 401(k): A Powerful Retirement Solution for Entrepreneurs

A Self-Directed Solo 401(k) is a retirement plan designed for self-employed individuals and small business owners without employees (except a spouse). This plan allows for higher contribution limits, tax advantages, and the ability to invest in alternative assets like real estate, private businesses, and precious metals. It also includes a loan feature, enabling you to borrow up to $50,000 from your retirement savings. With full control over investment choices and tax-deferred growth, a Self-Directed Solo 401(k) is an excellent option for maximizing retirement wealth and financial flexibility.