The Solo 401(k) was built for self-employed business owners with no full-time employees — except a spouse, kids, or partners. It lets you contribute up to $70,000 per year, tax-deferred or Roth, without worrying about big-company 401(k) rules. But here’s the key: you only lose eligibility after a full-time employee hits their one-year anniversary. That means if you just hired someone, you can still set up and fund your Solo 401(k) this year.
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