DRAFT — pending professional review

NOT LEGAL OR TAX ADVICE. This module is reference material for the HigherSelf Network cohort. Pending Lumina tone review, outside-CPA review, ERISA-counsel review for any Solo 401(k) or ROBS section, and Grace Fields authorization before external publication. Cohort-facing facts use anonymized framing until written consent is on file.

retirement strategy

Solo 401(k) (one-participant 401(k))

IRC § 401(a), § 401(k), § 415(c)

Eligibility

Best when: Self-employed individual or small-business owner with no common-law employees other than spouse; net SE income or W-2 wages from owned entity.
Do not use when: Common-law employees other than spouse exist (use a 401(k) with proper coverage testing or a SEP IRA).

2026 limits

Source: IRS Notice 2025-67

Elective deferral: $24,500 per year (§ 402(g))
Catch-up (50+): $8,000
SECURE 2.0 super-catch-up (60–63): $11,250
Annual additions (§ 415(c)): Base $72,000 · with catch-up $80,000 · with super-catch-up $83,250
Compensation cap (§ 401(a)(17)): $360,000

Documentation

Pre-approved plan document or individually designed plan
Adoption agreement
Trust account in plan trust name
Form 5500-EZ once assets > $250K

Applies to

HigherSelf Network A.M. Consulting The 7 Space

Interacts with

§ 72(p) Participant Loan

Research only — not legal or tax advice