Learn more about the Solo 401(k) employee deferral contribution: _ The employee deferral feature in the Solo 401(k) sets it apart from any other retirement plan. The Solo 401(k) is similar to the SEP IRA, however the SEP is a pure profit-sharing plan. The Solo 401(k) has two contribution features: the profit-sharing contribution (much like the SEP IRA) and the employee deferral feature, which was added in 2001. This allows Solo 401(k) investors save more by making higher contributions. Watch the full video to see how you can benefit from the Solo 401(k) employee deferral contribution if you are self-employed or a small business owner with no full-time employees. Discover more videos by IRA Financial: _ About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(K) pla...
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