Speak with a Broad specialist:
(800) 395-5200Schedule a CallOpen an Account
Speak with a Broad specialist:
(800) 395-5200Schedule a CallOpen an Account

Gain Control Over Your Financial Future 
With a Self-Directed Solo 401(k)

Open a Solo 401(k) account with the power of checkbook control to create the perfect retirement plan for self-employed entrepreneurs!

Broad Financial's Checkbook Solo 401(k) lets you maximize your retirement contributions and place those funds in a variety of retirement assets. And that's just one of the many reasons Broad Financial is considered one of the best Solo 401(k) providers.

Investments That Make Sense

  • Diverse Opportunities: Invest in private businesses, crypto and much more!
  • Personalized Investments: Choose assets that align with your values and financial goals.

Grow More by Saving More

  • Maximize Contributions: Benefit from the highest allowable retirement contributions.
  • Checkbook Control: Minimize fees with direct checkbook access to your funds.

Easy and Simple Process

  • Hassle-Free Setup: Quick and straightforward account setup.
  • Direct Investments: Invest easily with just a check or wire transfer—no paperwork needed.

Why Should I Open a 
Self- Directed Solo 401(k)?

Discover More

How Does a Self-Directed Solo 401(k) Work?

Available for self-employed individuals seeking higher contribution limits and greater investment flexibility

Broad Financial's Checkbook Solo 401(k) provides self-employed individuals with the opportunity to grow a robust investment account. Self-employed Solo 401(k) account holders can not only invest in almost any asset, but they can do so on their own terms. By using a dedicated checkbook, investors control both the timing and the cost of all transactions.

A Checkbook Solo 401(k) starts with a specialized trust account. Broad Financial will establish this trust for your retirement account, and then, you can use it to open a checking account at the bank of your choice. That's it! Now, you can use your Solo 401(k) checkbook to invest in many different types of alternative assets. Identify what you would like to purchase, write a check or send a wire, and the asset automatically becomes part of your Solo 401(k).

How to Set Up a Checkbook Solo 401(k)

Plan Set Up

The first step to open a Solo 401(k) account with checkbook control as a self-employed individual is to contact Broad Financial. We'll create a customized, IRS-approved Solo 401(k) plan just for you.

Trust Set Up

The plan that we create contains a trust, which appoints you as the sole trustee of your Solo 401(k) plan, empowering you to make all investment decisions.

Checking Account

You will open a checking account in the name of the trust at any bank of your choice. This checking account will serve as the self-directed investing platform for placing all investments or loans for your Solo 401(k) plan.


You will fund your Solo 401(k) by transferring funds from one or more of your existing retirement accounts or plans into your Solo 401(k)'s new checking account or by making an initial contribution.


You can begin investing your retirement funds directly into all investment classes, traditional and non-traditional, by simply writing a check or sending a wire.

Solo 401(K) Contribution Limits

Contribution Year



Under 50
50 and Over
Under 50
50 and Over

Contribution Limit


Discover how much you can contribute to a Solo 401(k)

This calculator is provided as a tool to help with calculating maximum contribution limits. Broad Financial does not guarantee its accuracy. We recommend confirming the result with a qualified tax professional.
Schedule a call and one of our Broad Financial Specialists will answer any questions you may have.
Speak with a Specialist

Solo 401(k) - FAQs

How long does it take to set up a Solo 401(k)?

In most cases, you can open a Solo 401(k) account in less than a week.

What kind of fees are involved?

There is one low, flat annual maintenance fee, which covers documentation updates and administrative support. However, unlike most self-directed retirement accounts, our Solo 401(k) has no everyday transaction fees. This is because the account holder performs all of the transactions themselves with their dedicated checkbook.

Can I open a Solo 401(k) as a Roth 401(k)?

Yes. If you are looking for tax-free growth, you may open a Roth Solo 401(k).

Still have questions? Don’t worry, we have answers!

Reach out to us to get a free consultation from a Broad Specialist.

Find Out More

Do you have questions about the Solo 401(k) investing process? Speak with a Broad specialist and get answers.

Schedule a Call
Landing Page Contact Form - Solo 401(k)

Contact Us

One Paragon Drive
Suite 270
Montvale, NJ 07645

Phone: (800) 395-5200

Mondays – Thursdays: 8:00 am – 6:00 pm EST
Fridays – 10:00 am – 4:00 pm EST


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