Saturday, April 02, 2005

Pay Day Loan -
401(k) Loan Boost Business Startups
...

The Solo 401(k) - also called a Self-Employed 401(k) or Individual 401k) - is designed for businesses with no employees.You can initially fund a Solo 401(k) plan by rolling over an existing IRA, 401(k) from a previous employer, or other qualified retirement funds into the plan.Once the funds are in the plan you can borrow up to the lesser of $50,000 or 50 percent