The Solo 401(k) Plan – The Premier Retirement Preparation Tool
- Contribute 300% more yearly than an IRA
- You and your spouse can combine your retirement under one plan
- Two participants included in our comprehensive solutions
- Invest in hard assets as well as market securities and mutual funds
- As trustee you choose what investments and when – you simply write a check
- You are the custodian and trustee – you control it
- No UBIT tax on profits of borrowed money
- Pre-approved for a personal loan up to $50,000 for both participants
- Store precious metals at home or any location you choose
- Your plan can be ready in less than three days
- IRS Determination Letter is included
Our Solo 401(k) plan is approved by the IRS and is perfect for self employed individuals who do not have any employees, other than spouse. The Solo 401k plan was authorized by Congress in 2001 with the signing of the Economic Growth and Tax Reconciliation Relief Act (EGTRRA). Although the tax code has been around since 2002, only 2% of Americans are aware of its existence. Survival 401k, LLC is here to change that statistic.
The Solo 401K is a Perfect Solution
Alternative and Traditional Investments
Our Solo 401k Plan offers self-employed business owners the freedom to use their retirement funds to make nearly any type of investment including rental properties, rural land, precious metals stores at home but best of all:
prepping supplies including self defense items!
Higher Contribution Limits
Additionally our Solo 401k Plan allows you to make high contributions up to $53,000 per participant ($59,000 for over 50). That means if your spouse is involved you could possibly sock away $106,000 per year and be able to invest it any way you wish.
Borrow from your Plan
You and your spouse may borrow up to $50,000 each for a total of $100,000 to pay for practically anything. College tuition, a new new roof, medical bills even an anniversary trip around the world are all perfectly legitimate loans reasons.
Our Solo 401k Plan Establishment Service Includes:
Solo 401k Adoption Agreement
Solo 401k Trust Agreement and Basic Plan Document
Solo 401k Plan Documents (Electronic Version/Hard Copy Version)
IRS Opinion/Determination Letter
Successor Trustee Designation
Entity Type Adoption
Solo 401k Participant Loan Forms and Procedures
Consultation on opening Bank Account
Consultation on Rollover/Transfer Process
Unlimited Phone and Support
Survival 401k charges a one-time set up fee of $1,200.00 for up to two participants. We accept check or major credit cards. Paying from your business allows you to write it off as a business expense.
Annual Maintenance Fee $200.00
All customized Solo 401k plans that are specifically reviewed and approved by the IRS are proprietary. This includes licensing requirements and remaining in compliance. As changes are made to the code each year, as contribution limits change, and as IRS and DOL letter rulings and advisory opinion letters refine retirement law you will need to make sure your Solo 401k plan stays in compliance. Survival 401k is here to help you. Whenever there is a change or the plan requires an amendment we will do the work for you and send you the necessary forms.
Bottom Line: We Have Your Back!