Flexible, low-cost, full-scale 401(k) retirement plans designed for freelancers, consultants, and owner-only businesses. Designed to maximize tax-advantaged savings while keeping administration simple.
Ubiquity’s Solo 401(k) plans are built for self-employed individuals and small business owners that want the savings potential of a traditional 401(k) without the complexity of larger employer plans.
Our team of experts will help you get set up, ensuring you have exactly what you need for your business right from the start.
Whether you need a simple setup and maintenance process or full-scale customization options without the big-box prices, Ubiquity’s plans are here to meet you where you are.
A flexible solo 401(k) plan for businesses that have no other full-time employees besides the owner and their spouse or business partner.
A record-kept solo 401(k) plan with the choice of pre-selected or customizable investment options.
“It was easier than I expected, and with her help I am making smarter choices for my future! Great customer service!”
"I am not a 401(k) expert and the team at Ubiquity I work with has been patient, kind and are willing to help me obtain the knowledge I need to grow in my career.”
"I have had a Single(K) with Ubiquity since 2016. Every time I work with their Customer Service team, I always get outstanding, knowledgeable representatives who truly want to help me.”
“Couldn’t be happier. I’ve been with Ubiquity Retirement since 2012 and find the online portal very easy to use.”
A Solo 401(k) – also known as an individual 401(k) or one-participant 401(k) – is a retirement plan option designed specifically for self-employed individuals or solopreneurs. With this type of plan, you can contribute as both employer and employee for more tax savings.
A Solo 401(k) is designed for self-employed individuals or business owners with no full-time employees other than themselves, and in some cases, their spouse. Freelancers, consultants, independent contractors, and small business owners can all qualify as long as they have self-employment income. If a business later hires eligible full-time employees, their plan will need to be converted to a traditional 401(k).
Solo 401(k) plans allow self-employed individuals to contribute significantly more than other retirement options. Because you can contribute as both an employer and employee, the annual savings potential is much higher than a traditional IRA or SEP IRA.
A Solo 401(k) differs from a SEP IRA plan primarily with its features. On the Solo plan side, these 401(k)s will usually include higher contribution limits, loan and Roth options, employee deferrals, and more, while SEP IRAs don’t. But with these features, a Solo 401(k) will slightly differ in its complexity level.
The short answer is yes. With our Single(k) plan, you have up to 2 participants (you and a spouse, or you and a business partner). With Single(k) Plus, you can have up to 4 participants (owner, partner, spouses). This makes it possible for family-owned businesses to get the retirement benefits they need to gain financial security.
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