20/20 Money Episode # 98 – Implementing a SoloK as an Optometrist?

The Solo 401(k) is a viable option for independently contracted, 1099 compensated optometrists. It has many of the same benefits and options that a “normal” 401(k) has but without many of the testing and compliance requirements. However, they are not without their own limitations. In this episode, I share what optometrists need to know about when and whether a Solo/Individual 401(k) is a viable retirement planning vehicle to consider. For more information, visit the IRS.gov Solo 401k website. As a reminder, you can get all the information discussed in today’s conversation or check out any number of additional free resources... Read More