How to Set Up, Maintain, and Maximize Your Solo 401(k)

Video Description

Take control of your retirement with our Solo 401(k) Special, starting at $895. The offer ends on October 17, 2025! Learn more: https://kkoslawyers.com/solo-401k-special-2025/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=solo-401k-p2-set-up-maintain-maximize&utm_campaign=main-street-business-podcast Watch Part 1 here! https://youtu.be/XAW2MEK6Ffg Are you taking full advantage of one of the best retirement strategies available to entrepreneurs and small business owners? In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen dive deep into how to set up, maintain, and maximize your Solo 401(k) — giving you the tools to make the most of this powerful retirement plan. The Solo 401(k) offers higher contribution limits, flexible investment options, and unique tax advantages that make it one of the most attractive plans for the self-employed. Mark and Mat break down everything you need to know about eligibility, plan setup, ongoing compliance, and strategies to ensure your plan is working for you. They’ll also cover common mistakes, key rules to remember, and proven ways to grow your wealth through real estate, small business investments, and alternative assets inside your Solo 401(k). Whether you’re new to retirement planning or already have a Solo 401(k) in place, this episode provides practical steps to help you stay compliant, maximize contributions, and take full advantage of the tax-saving opportunities available. By the end, you’ll understand why the Solo 401(k) is often a smarter choice than a SEP IRA or other retirement plans — and how to ensure yours is structured correctly. If you’re serious about saving taxes, building wealth, and taking control of your financial future, this is an episode you don’t want to miss! CHAPTERS: 0:00 Teaser 1:09 Solo 401(k) Eligibility Rules 7:24 Part-Time & Family Member Rules 8:58 Deadlines & Plan Setup 11:33 Contribution Limits & Documents 17:01 Contributions for Sole Props & S-Corps 22:13 Roth Options & Backdoor Strategies 23:35 Loans, Fees & Plan Maintenance 29:10 Special Offer & Next Steps Resources: Interview a Main Street Tax Pro that Speaks like Mark: https://taxadvisornetwork.markjkohler.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=solo-401k-p2-set-up-maintain-maximize&utm_campaign=main-street-business-podcast Meet with a Real Lawyer on Zoom: https://kkoslawyers.com/schedule-an-appointment/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=solo-401k-p2-set-up-maintain-maximize&utm_campaign=main-street-business-podcast Self-Direct Your IRA or 401k- Buy a Business or Real Estate with Your Retirement Account (Directed IRA): https://directedira.com/appointment/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=solo-401k-p2-set-up-maintain-maximize&utm_campaign=main-street-business-podcast Keep Your LLC or Corp in good standing and Hide Your Address (Main Street Business Services): https://mainstreetbusiness.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=solo-401k-p2-set-up-maintain-maximize&utm_campaign=main-street-business-podcast Become a Certified Tax Advisor in Mark’s Program - https://mainstreetpros.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=solo-401k-p2-set-up-maintain-maximize&utm_campaign=main-street-business-podcast Connect: Website: https://markjkohler.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=solo-401k-p2-set-up-maintain-maximize&utm_campaign=main-street-business-podcast LinkedIn: https://www.linkedin.com/in/markjkohler/ Facebook: https://www.facebook.com/markkohler/ Instagram: https://www.instagram.com/markjkohler/ X: https://x.com/markkohler/ TikTok: https://www.tiktok.com/@markjkohler/