Single(k) – A 401(k) for the One-Person Business

on Wednesday December 02, 2009
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Single(k)It’s year-end—have you thought about the tax deductions you need to make before rolling into 2010?

One way to cut your taxes substantially is to put a retirement plan in place.

65% of small businesses do not have retirement plans* as they believe that these plans are out of reach due to complexity and cost. That’s not true.

Single(k) is simple and affordable – you can have a plan for $175 a year!

Some of the key features that Single(k) offers:
  • Option to take out a loan on the 401(k)
  • Put away tax-deductible, tax-deferred savings of up to $54,500** a year
  • A Roth feature that allows you more tax flexibility
Start saving today and call us at 877.775.401k or e-mail us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

You can also find out more information from our Web site at www.single-k.com.

Brought to you by The Online 401(k). Voted by SF Business Times and Inc magazine as one of the fastest-growing private companies in the Bay Area and in the United States.

* From Employee Benefit Research Institute
** Contribution limit for 2009
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written by Aspiring Millionaire @ MyMillionairePlan.com , December 03, 2009
I am self employed as well and set up a 401k plan for myself at the beginning of the year. Not only is it good to do tax-wise, but I feel great knowing that I have something to show down the road for all my hard work.

I found Vangaurd's solo 401k to be the best (and cheapest) option for me.

Good luck!
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