Fidelity Solo 401k: Compare "Free" Fidelity Self Employed 401k VS Solo 401k from My Solo 401k

Harvard Law Attorney George Blower leads a discussion of the "Free" Solo 401k offered by Fidelity VS the full-featured self-directed Solo 401k provided by My Solo 401k Financial.

​**Free Solo 401k from My Solo 401k Financial** Learn how opening a Solo 401k in 2024 will qualify you to claim a $1500 tax credit including a $500 credit on your 2024 taxes and then another 2 years after that for a total of $1500.

To learn more about the tax credit:

https://www.mysolo401k.net/the-self-d...

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The solo 401k plan, commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below:

-The highest contribution limits for any defined contribution plan including up to $69,000 (or even $76,500 if you are 50 or older) for 2024.

-The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions.

-401k participant loans of up to $50,000

-Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative investments.

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For over 10 years, My Solo 401k Financial is the leading self-directed solo 401k provider having helped over 8,000 clients take control over their retirement funds by focusing on superior knowledge, expertise, and customer service with over 100+ 5-star verified customer reviews on the Better Business Bureau (BBB).