Solo 401 K Loan: What Could Go Wrong Without Proper Knowledge?

Some circumstances require urgent attention and your retirement savings can offer the much needed financial cushion. If you’re an owner-only business or self-employed professional with a Solo 401k plan, the IRS allows you to borrow from your retirement plan. You can avail a Solo 401 k loan of up to $50,000 or 50% of your […]

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