One of the biggest advantages of a Solo 401(k)? You can borrow from it. Mark J. Kohler explains how you can take out up to $50,000 (or 50% of your account balance) and pay yourself back with interest—tax-free. Even better, if used for business purposes, you might be able to write off that interest. It’s a flexible, strategic tool for entrepreneurs who need short-term capital without penalty.
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