Solo 401(k)

Take control. Be the CEO and delegate the record keeping.

One of Solo 401K challenges are being able to organize and keep records straight.

AFK online platform allows you to keep track of your assets, investments and bookkeeping.

Platform Features

  • Record keeping
  • Tracking
  • Document storage
  • Accounting
  • Loan management
  • Keeps track of Roth and pre-tax

Benefits

Save time and reduce complexity.

Be compliant.

Keep important documents such as the promissory notes, subscription documents and funding records.

Open a new AFK Guardian Solo 401(k)

Solo 401(k) benefits:

  • Higher contribution limits vs. Traditional and Roth IRAs
  • Alternatives assets beyond the Wallstreet
  • A built-in loan option
  • May qualify for $1,500 federal tax credit over three years
  • Options for Roth and pre-tax contributions
  • Mega-backdoor Roth capabilities

Do I qualify for a Solo 401(k)?

A minimum self-employment taxable income allows you to open a Solo 401(k).

Some examples, not limited to selling on eBay, Etsy or Amazon, garage sales, dog walking, a contract work, self-employment work.

Which business can sponsor a 401(k)?

Sole proprietorship (no need for an LLC) as well as incorporated businesses such as S-Corp, C- Corp and LLC can sponsor a 401K plan.

An owner only businesses. One can have a spouse working for the business without other W-2 employees.

Can I open my own 401 (k)? I have a work 401 (k) from my regular job.

Yes, you can have more than one 401 (k) when you qualify.