-
Duration
191 minutes
-
Learners
15+
-
Video
116 minutes
Solo 401(k) Training On-Demand
The one-participant 401(k) plan isn't a new type of 401(k) plan. It's a traditional 401(k) plan covering only business owners with no employees, as well as the owner’s spouse(s). These plans have the same rules and requirements as any other 401(k) plan. Having no employees have its advantages such as the availability of larger contributions. By the end of this course, you will understand:
- Background on One Participant Plans
- Eligible Employers
- Contribution Types
- Contribution Limits
- Plan Features
- Distribution “Triggers”
- Plan Corrections
- And more