Updated over 1 year ago on . Most recent reply
Self Employed 401k Loan
I recently left my W2 and am now self employed. I had previously used the loan option on my 401k when I needed additional liquidity. Is there anyone that has experience with a solo 401k provider that provides a loan option?
Most Popular Reply
Josh St Laurent
Tax & Financial Services
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- Financial Advisor
- Stateline, NV
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Hey @Avery Robertson it's a good question. As a financial advisor I custody through Altruist and open solo 401ks through them that allow for loans the same as a standard 401k would. Most custodians should allow for it as long as the plan is set up correctly.
- Josh St Laurent
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