If you are an individual running a sole proprietorship, you probably need guidance on how to choose your solo 401K provider. An independent contractor needs a way to save for his retirement, which means they need some form of 401k plan. The plan that is best for these individuals will be a solo 401k plan, but they also need someone to set this type of plan up for them.
One way for independent contractors save for retirement is a solo 401k plan. An experienced and qualified solo 401k provider must be picked wisely.