How do I operate a Solo 401K?

The process begins once RLS draft the solo 401k plan documents, obtains the EIN for the solo 401k and draft the transfer forms.

You have the option to fund the Solo 401(k) plan with annual contributions or transfers from other retirement accounts. You will have the freedom of investing those contributions through the investment vehicle of your choice. You can use any bank or brokerage account of your choice to establish a checking account for your Solo 401(k), and we will assist you in completing the paperwork for the solo 401k checking account.