The individual or solo 401k plan is one of the best offerings for the self employed to come along in years. Simple plan administration, low costs, and high contribution limits make this an appealing choice for a broad range of self employed individuals.
For 2010 contributions of up to $49,000, or $54,000 for individuals over 50, are allowed. So the income you can defer from current taxes is greatly increased over previous retirement plan options.
Oak Street Advisors offers access to an advisory Individual 401k programs that combine investment advise, low cost, and flexible investment choices to give you a plan that can help you reach your retirement goals. There are no proprietary mutual funds that you are forced to select from and you will always receive the independent objective investment advise that sets Oak Street Advisors apart.
If you are self employed and have no other employees other than a spouse who works in the business with you this may be an alternative that can allow you the flexibility you need to reach your retirement goals.
To learn more call us at 843.946.9868 or toll free at 877.946.9868. If you prefer you can send an email to One401k@oakadvisors.com.
Oak Street Advisors 1335 44th Ave N Suite 201 Myrtle Beach, SC 29577 843-946-9868
Oak Street Advisors offers access to an advisory Individual 401k programs that combine investment advise, low cost, and flexible investment choices