Solo 401(k)
Exploring Solo 401(k) Options for Your Side Hustle Income Are you hustling on the side while holding down a day job? First off, let me say—you're amazing! That kind of dedication deserves serious recognition. But here's the thing: while you're pouring your heart into that side business, are you giving your future self the same level of attention? I discovered something that changed my financial future completely when I started my own side hustle journey: the Solo 401(k). This powerful retirement tool feels like a secret weapon designed specifically for side hustlers like us. And I'm genuinely excited to share what I've learned with you. What Is a Solo 401(k) and Why It Matters for Side Hustlers A Solo 401(k) is exactly what it sounds like—a 401(k) retirement plan for the solo entrepreneur. It's also known as an Individual 401(k), One-Participant 401(k), or Self-Employed 401(k). But don't let the various names confuse you; they all refer to the same incredi...
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