Quick Facts
Of the 50 million Americans eligible to participate in their employer's plan, only 37.5 million actually participate. Many of the 37.5 million are not contributing enough for their retirement.

 

Employer Tools
 

One Man 401(k) Analysis

Thanks to the Economic Growth and Tax Relief Reconciliation Act of 2001, small businesses can open and contribute to a 401K plan. A great tax break plus other benefits for cash-strapped small business owners.

Any single business owner, an independent contractor with 1099 income, freelancer, sole proprietor, or in a partnership, Limited Liability Company (LLC) or corporation, can tap into the full benefits of the Self-employed 401K.