--- title: Ep. 4 - Solo 401(k) Plans description: We know saving for retirement can feel overwhelming for small business owners. So let us break down everything you need to know about Solo 401(k) plans. image: https://rmcgp.com/hubfs/RMC%20-%20Podcast%20Blog%20(6).png --- [ ← Back to Blog ](https://rmcgp.com/rmc-podcasts) # Ep. 4 - Solo 401(k) Plans Written By RMC Group Published on: April 15, 2025 ![Ep. 4 - Solo 401(k) Plans](https://rmcgp.com/hubfs/RMC%20-%20Podcast%20Blog%20(6).png) # *The Ultimate Retirement Tool for the Self-Employed* If you own a small business with no employees, saving for retirement can feel overwhelming. In this episode, we break down everything you need to know about Solo 401(k) plans—what they are, who qualifies, and how they can help you maximize your savings. We’ll cover contribution limits, tax advantages, and how to set up your own plan with ease. Tune in to learn why a Solo 401(k) could be the smartest retirement move for independent professionals and entrepreneurs.   [➡️ Listen on Apple Podcast](https://podcasts.apple.com/us/podcast/the-legacy-lab/id1789614291) [➡️ Listen on Spotify](https://creators.spotify.com/pod/show/thelegacylab/episodes/Solo-401k-Plans-The-Ultimate-Retirement-Tool-for-the-Self-Employed-e319e46)   Listen in with Tamara Middleton, VP of Pensions, as the guest speaker on this episode along with Megan Davis and Ashley Simpson from RMC's Marketing Department. Learn the importance of securing financial stability for the future while understanding the concept of the Solo 401(k) plan as a tailored solution for self-employed professionals.​   ## **Here's What You Will Learn:** - What a Solo 401(k) plan is, its purpose, and eligibility criteria​ - How the high contribution limits of a Solo 401(k) compare to other retirement accounts - The flexibility of contributing both as an employee and employer to maximize retirement savings - Contribution Limits and Rules for a Solo 401(k) including catch-up contributions - Steps on how to get started and establish a Solo 401(k) - Gain an understaning on compliance and reporting requirements   ## Other Resources RMC Group Blog >> [A Comprehensive Guide to Understanding Solo 401(k)s](https://rmcgp.com/blog/a-comprehensive-guide-to-understanding-solo-401ks) RMC Group Blog >> [Navigating the New Long-Term Part-Time Employee Regulations](https://rmcgp.com/blog/2023/12/08/navigating-the-new-long-term-part-time-employee-regulations) Meeting Link for RMC's Retirement Planning Team >> [Meet with a Retirement Professional](https://meetings.hubspot.com/tamara-middleton/retirement-team) IRS Website >> [https://www.irs.gov/retirement-plans/one-participant-401k-plans](https://www.irs.gov/retirement-plans/one-participant-401k-plans)   *The information provided in this podcast is for informational purposes only and does not constitute legal, financial, or professional advice. RMC Group recommends consulting with qualified professionals regarding your specific needs and circumstances.* ## Related Blog Posts [![Ep. 28 - What Happens if I Live Too Long?](https://rmcgp.com/hubfs/Email%20Headers%20-%20images%20pod.png) ](https://rmcgp.com/rmc-podcasts/ep.-27-what-happens-if-i-live-too-long) ### [Ep. 28 - What Happens if I Live Too Long?](https://rmcgp.com/rmc-podcasts/ep.-27-what-happens-if-i-live-too-long) Planning for longevity isn't just about money — it's about making sure your future quality of life is protected. We spend a lot of time planning for what happens if we die too soon. But what about... 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[Read More](https://rmcgp.com/rmc-podcasts/ep.-28-ten-years-of-giving-back-the-story-behind-the-rmc-open) [![Ep. 26 - When Disaster Strikes: Business Interruption Insurance and What Gets Left Out](https://rmcgp.com/hubfs/RMC%20-%20Podcast%20Blog%20(9).png) ](https://rmcgp.com/rmc-podcasts/ep.-26-when-disaster-strikes-business-interruption-insurance-and-what-gets-left-out) ### [Ep. 26 - When Disaster Strikes: Business Interruption Insurance and What Gets Left Out](https://rmcgp.com/rmc-podcasts/ep.-26-when-disaster-strikes-business-interruption-insurance-and-what-gets-left-out) The best time to understand your coverage is always before disaster strikes. This episode is where to start. What happens to your business when disaster forces you to close? Most business owners... [Read More](https://rmcgp.com/rmc-podcasts/ep.-26-when-disaster-strikes-business-interruption-insurance-and-what-gets-left-out) 1004 Collier Center Way #206 Naples, FL 34110 ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "RMC Group", "url" : "https://rmcgp.com/rmc-podcasts/author/rmc-group" }, "dateModified" : "2025-04-15T13:06:41.500Z", "datePublished" : "2025-04-15T13:06:41.000Z", "headline" : "Ep. 4 - Solo 401(k) Plans", "image" : [ "https://rmcgp.com/hubfs/RMC%20-%20Podcast%20Blog%20(6).png" ], "mainEntityOfPage" : { "@id" : "https://rmcgp.com/rmc-podcasts/ep.-4-solo-401k-plans", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://rmcgp.com/hubfs/RMC_Group_Logo_%5BYW.BL.NA%5D.svg" }, "name" : "RMC Group" } } ```