Implementing a SoloK as an Optometrist?

<p>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 <a href= "https://www.irs.gov/retirement-plans/one-participant-401k-plans">IRS.gov Solo 401k</a> website.</p> <p>As a reminder, you can get all the information discussed in today’s conversation or check out any number of additional free resources like our eBooks and on-demand webinars by visiting our website at <a href= "http://www.integratedpwm.com/">integratedpwm.com</a> and clicking on the Learning Center. You can also <a href= "https://integratedpwm.as.me/schedule.php?appointmentType=1713824">visit this page</a> to set up a 20-30min Triage conversation to learn a little bit more about how we help ODs around the country reduce their tax bill, manage cash flow, and make proactive money decisions.</p> <p><strong>—————————————————————————————</strong><br /> Please rate and subscribe to 20/20 Money on these platforms<br /> <a href= "https://itunes.apple.com/us/podcast/the-dose-podcast/id1438352481?mt=2"> Apple Podcasts</a><br /> <a href= "https://open.spotify.com/show/44jE3DxOjZQPok0H9D2jw3?si=7fhsalltRqGlwEbVqYnAQA"> Spotify</a><br /> <a href= "https://play.google.com/music/m/Iaml3vefwijqtlqob4dcuk3vtya?t=The_Dose_Podcast"> Google Play</a><br /> <a href= "https://www.stitcher.com/s?fid=245757&refid=stpr">Stitcher </a><br /> <strong>—————————————————————————————</strong></p> <p>For past episodes of 20/20 Money with full companion show notes, please check out our <a href= "https://integratedpwm.com/learningcenter/?cat=podcast">episode archive here!</a></p>