Traditional IRASEP IRASolo 401(k) Plan
Loan FeatureNoNoYes
50% of Account Value
up to $50,000
Roth FeatureNoNoYes
Up to $17,500
No Income Restrictions
Nonrecourse FinancingYes
Subject to Tax
Yes
Subject to Tax
Yes
Generally No Tax
Maximum Annual
Contributions
$5,500
$6,500 Catch-Up Limit
$52,000
No Catch-Up Contributions
$51,000
$57,500 Catch-Up Limit

Catch-Up Contributions are only available to individuals over the age of 50.

Additional Information: US News/401K