SOLO(K): Retirement Solutions Available with Axos

Adding solo(k) plans to your offering is a great way to support your self-employed and small business owner clients with a valuable retirement savings option. 

About Solo(k) Plans 
Solo 401(k) plans can be a pivotal component of a well-rounded investment portfolio, important for many clients with self-employment income. A solo(k) offers the same opportunity to save for retirement as a traditional 401(k), using pre-tax, Roth, and employer contributions, but with easier tax and compliance requirements due to the lack of employees. Understanding these plans empowers you to address the specific needs of entrepreneurs and small business owners. 

Benefits of Solo(k) Plans 
Flexibility: Solo(k)’s can be funded with a combination of employee salary deferrals and employer contributions. 
Tax Advantages: Both pre-tax and designated Roth contributions are allowed, providing tax-saving opportunities. 

Learn more 
To better understand the value of solo(k) plans and how to integrate them into your service offerings effectively, we invite you to explore our detailed solo(k) Frequently Asked Questions in the Quick Links section.  ​