WebSelf-Directed Solo 401k. The Self-Directed Solo 401k plan is an IRS-approved and qualified 401k plan designed for a self-employed sole proprietor, a corporation, or limited liability … WebNov 5, 2024 · In sum, the main advantage of using a Self-Directed IRA or solo 401(k) plan to save for retirement is the ability to take advantage of the power of tax deferral or tax-free investing while gaining the ability to better diversify your portfolio through the opportunity to invest in alternative assets, including foreign investments.
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Self-Directed Solo 401k vs. Self-Directed IRA
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