Discover why the Equity Solo 401(k) is a superior plan for business owners.
Fast and easy
Save valuable time and act quickly on opportunities that come your way.
Plan is established in minutes
Invest directly from plan account – no extra steps needed
Lightning-fast transactions, including seamless Roth conversions
State-of-the-art management platform
Save yourself the headaches and confusion of trying to comply with Solo 401(k) rules on your own.
Intuitive, comprehensive account management tools
Complete recordkeeping system for IRS compliance
Automated tracking saves time and effort
Turbocharged retirement investing
A self-directed Solo 401(k) provides benefits for solopreneurs that no other retirement plan can. The Equity Solo 401(k) platform unlocks the plan’s full potential.
Enables investing in a wide variety of traditional and alternative assets
Contribution limits 10X higher than IRAs
Traditional, Roth and After-Tax buckets to maximize contributions
Portion of contributions are tax-deductible
Integrated banking
Forget opening multiple accounts or requesting funds for investments. The Equity Solo 401(k) provides convenient, connected, hassle-free banking.
Direct control of funds for fast, easy investing
Single account for pre- and post-tax fund sorting
Loan creation, Roth conversions, IRS-approved documents and more included for flat annual fee
How the Equity Solo 401(k) stacks up
See how this plan compares to similar plans on the market.
Features
Equity Solo 401(k)
Most Competitors
Instant plan document generation
IRS-approved plan documentation created on the spot within the platform
Comprehensive recordkeeping system
Ability to manage and track assets, expenses, contributions, distributions, and more
One simple account
Traditional and Roth contributions conveniently held in the same bank account
Comprehensive services, one fee
No additional charges for loan creation/payments, Roth conversions, and IRS 1099-R and 5500-EZ form completion
Dedicated education and support
Backed by knowledgeable employees and a robust library of videos, blogs, and more
Features Equity Solo 401(k) Others
Instant plan document generation
IRS-approved plan documentation created on the spot within the platform.
Comprehensive recordkeeping system
Ability to manage and track assets, expenses, contributions, distributions, and more
One simple account
Traditional and Roth contributions conveniently held in the same bank account
Comprehensive services, one fee
No additional charges for loan creation/payments, Roth conversions, and IRS 1099-R and 5500-EZ form completion
Dedicated education and support
Backed by knowledgeable employees and a robust library of videos, blogs, and more
How to get started with an Equity Solo 401(k)
In just 5 steps, you can be on your way to growing your wealth your way with your new Solo 401(k).
STEP 1
Confirm your eligibility
Make sure you have self-employment income and no full-time employees other than yourself or your spouse.
STEP 2
Obtain your EINs
You’ll need two: one for your business and one for your Solo 401(k) plan. Our platform walks you through this step.
STEP 3
Complete your application online
The platform walks you through the entire application, which takes just 10-15 minutes to complete.
STEP 4
Open your bank account
Use our integrated bank or your preferred provider to establish your 401(k) bank account.
STEP 5
Fund your plan & start investing
Contribute or roll over funds, then invest directly through your plan with your connected bank account.
STEP 1
Confirm your eligibility
Make sure you have self-employment income and no full-time employees other than yourself or your spouse.
STEP 2
Obtain your EINs
You’ll need two: one for your business and one for your Solo 401(k) plan. Our platform walks you through this step.
STEP 3
Complete your application online
The platform walks you through the entire application, which takes just 10-15 minutes to complete.
STEP 4
Open your bank account
Use our integrated bank or your preferred provider to establish your 401(k) bank account.
STEP 5
Fund your plan & start investing
Contribute or roll over funds, then invest directly through your plan with your connected bank account.
Solo 401(k) education
Learn more about this powerful retirement planning tool for self-employed investors.
ACCOUNT OVERVIEW
Investment Options, Contribution Limits, and Rules
A complete rundown of the details of the Solo 401(k) and how it works.
Everything you need to know about the Equity Solo 401(k).
Our enhanced platform gives you direct access to plan creation, real-time Roth conversions, automatic tax form generation (5500-EZ and 1099-R), and checkbook control through one secure dashboard.
No. Unlike an IRA, you do not need a custodian for your Solo 401(k). As the trustee of your plan, you manage the assets and make investment decisions directly. Equity provides the technology and platform to support you.
The Equity Solo 401(k) has a one-time setup fee of $1,295 and flat fee of $695 each year after that. This flat annual fee includes a range of services – including loan creation/payments, Roth conversions, and IRS 1099-R and 5500-EZ form completion – at no extra charge.
Yes. You can contribute directly to a Roth component and convert funds in-platform.
You may be eligible for a $1,500 tax credit — up to $500 per year for three years — as part of the federal SECURE Act. To ensure proper eligibility and filing the required IRS forms, please consult with your tax advisor to make sure your credit is properly reported in your next three tax returns.
Equity Specialty Services, LLC (“ESS”) has partnered with SEPira(k), a third-party technology provider, to offer you the Equity Solo 401(k) solution to establish and manage your Solo 401(k). By combining SEPira(k)’s technology platform with ESS’s customer support, you will have the tools to manage your Solo 401(k) seamlessly.
Equity Specialty Services, LLC is a services company which offers services such as acting as a solo 401(k) solution provider, offering document preparation and referral loans services and other services to assist an investor with his/her investments. Equity Specialty Services does not offer investment, tax, or legal advice, and no services offered by us should be considered to replace the need for qualified investment, tax, and legal professionals. It is for education only. Please consult your legal or financial advisor before making any financial decisions. Equity Specialty Services may receive or give referral fees from third party vendors for services it offers to investors.
You are leaving trustetc.com to enter the ETC Brokerage Services (Member FINRA/SIPC) website (etcbrokerage.com), the registered broker-dealer affiliate of Equity Trust Company. ETC Brokerage Services provides access to brokerage and investment products which ARE NOT FDIC insured. ETC Brokerage does not provide investment advice or recommendations as to any investment. All investments are selected and made solely by self-directed account owners.
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By entering your information and clicking Start a Conversation, you consent to receive reoccurring automated marketing emails about Equity Trust’s products and services. This consent is not required to obtain products and services. If you do not consent to receive emails from Equity Trust and seek information, contact us at 855-233-4382.
By entering your information and clicking Start a Conversation, you consent to receive reoccurring automated marketing emails about Equity Trust’s products and services. This consent is not required to obtain products and services. If you do not consent to receive emails from Equity Trust and seek information, contact us at 855-233-4382.
