Requirements to Establish a Solo 401(k)
![Requirements to Establish a Solo 401(k) 1 requirements to establish a Solo 401(k)](https://www.irafinancialtrust.com/wp-content/uploads/2020/01/requirements_establish_solo_401k.jpg)
There are only two requirements to establish a Solo 401(k) plan, but it’s very important to meet at least one. Failure can result in plan disqualification.
You Can Borrow from Your Solo 401(k) But be Careful
![You Can Borrow from Your Solo 401(k) But be Careful 2 you can borrow from your Solo 401(k)](https://www.irafinancialtrust.com/wp-content/uploads/2019/12/you_can_borrow_from_your_solo_401k.jpg)
You can borrow from your Solo 401(k), but it is never advised to remove money from your retirement savings. So, the loan should be used as a last resort.
4 Easy Steps to Create Retirement Wealth
![4 Easy Steps to Create Retirement Wealth 3 retirement wealth](https://www.irafinancialtrust.com/wp-content/uploads/2019/06/retirement_wealth.jpg)
Retirement wealth is no guarantee, but you can employ these strategies to make it more achievable to have a wealthy, stress-free retirement.