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Personal 401k | Tailored Retirement Savings

September 20, 2023

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Secure Your Retirement

Individual 401(k)

Unlock the gates to a financially secure retirement with your very own Personal 401k by Newmont Capital. It’s more than just a retirement plan; it’s a ticket to your future financial freedom.

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Tax Benefits Pre-tax contributions grow tax-deferred until withdrawal.
Contribution Limits Higher limits compared to SEP IRA and SIMPLE IRA.
Investment Flexibility A broad array of investment options to align with your goals.
Ease of Setup Simple setup process, with guidance from Newmont Capital experts.

What is an Individual 401(k)?


An Individual 401k, often referred to as a solo 401k or one-person 401k, is a retirement savings vehicle designed for the self-employed or small business owners with no full-time employees. Unlike traditional 401(k) plans, an Individual 401k empowers you with the flexibility of a self-directed 401k, giving you control over your retirement savings and financial planning.


Who can use the plan?


  • Solo Entrepreneurs
  • Independent Contractors
  • Small Business Owners without full-time employees


Your path to achieving your retirement goals begins with a single step - choosing the right retirement savings plan.


Employer Contribution Limits


As both the employer and employee of your business, you can contribute more to your Individual 401k than to a SEP IRA or SIMPLE IRA, boosting your retirement savings rapidly.


Employee Contribution Limits


Enjoy higher contribution limits, allowing you to stash away more for your golden years. It’s not just about saving; it’s about growing a retirement paycheck that supports your retirement lifestyle.


Total Contributions


Maximize your tax-advantaged retirement savings with combined employer and employee contributions. Achieving your retirement savings goals has never been this straightforward.


Investment Choices


Diversify your retirement investment options with a wide range of choices. Whether you are conservative or adventurous in your retirement investment strategies, we have something to cater to your financial taste buds.


Download our Wealth Protection Kit Now!

FAQ's

  • What distinguishes a Personal 401k from other retirement plans?

    A Personal 401k offers higher contribution limits and more investment options, especially catering to the self-employed and small business owners without full-time employees.

  • How can I start my Personal 401k with Newmont Capital?

    Getting started is simple. Contact our financial advisors, and we’ll guide you through the setup process, aligning your retirement planning with your long-term financial goals.

  • Can I switch my existing retirement savings to a Personal 401k?

    Yes, rollovers are possible. Our team at Newmont Capital can assist you in transitioning seamlessly to a Personal 401k, optimizing your retirement income planning.

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