Cash Balance 101

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One-Participant 401(k) Plans

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One-participant 401(k) plan is sometimes called a:

Solo 401(k)
Solo-k
Uni-k
One-participant k
The one-participant 401(k) plan isn’t a new type of 401(k) plan. It’s a traditional 401(k) plan covering a business owner with no employees, or that person and his or her spouse. These plans have the same rules and requirements as any other 401(k) plan.