401K Security, 401K Secure

Corporate Compensation Plans, Inc.

What is the Solo401k Secure® Plan?

Can a Sole Proprietor protect his or her savings with Solo401k Secure®? Yes, our Solo401k Plan is a tax-favored investment and retirement plan that is now available for owner-only businesses including sole proprietors, partnerships, and corporations.

It consists of three components:

  • A profit sharing plan

  • A 401k salary deferral plan

  • The 401k Secure® option to continue contributions to your plan if you are disabled
It allows you to make tax-deductible contributions up to $41,000 for the tax year 2004 ($44,000 if you are 50 years of age or older).