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Updated over 7 years ago on . Most recent reply

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4
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Carl Legg
  • sacramento, ca
1
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4
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Lowest Cost Solo 401K?

Carl Legg
  • sacramento, ca
Posted

I want to establish a self-directed Solo 401K (not Roth). Who has the least expensive set-up and maintenance fees today?

Most Popular Reply

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2,877
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Brian Eastman
  • Self Directed IRA & 401k Advisor
  • Wenatchee, WA
2,535
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2,877
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Brian Eastman
  • Self Directed IRA & 401k Advisor
  • Wenatchee, WA
Replied

@Carl Legg

Do you want a set of docs from a web marketing firm and a pat on the back, or would you prefer access to quality and meaningful support?

A Solo 401(k) is not a WalMart discount special.  It is a sophisticated and powerful retirement plan that puts you directly in control of your retirement savings, and directly responsible for adhering to IRS rules.  With power comes responsibility.

Price is meaningful, but should be about 3rd or 4th on your list of considerations when evaluating plan providers.  Experience, accessibility of support, protecting your personal data, how long a firm has been in business, etc. are things you will want to include in your mix.

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