Open Self-Directed Solo 401k at Fidelity Using MySolo401k.net Plan Document

Self-Directed Solo 401k from MySolo401k.net allows you to open a Fidelity brokerage (Fidelity Solo 401k) account with checkbook feature. This is accomplished by using MySolo401k.net plan/trust document because our plan names you trustee of the solo 401k and allows for investing in alternative investments such as real estate, promissory notes, precious metals, private placements, etc., in addition to stocks and mutual funds.

If you have an existing plan such as an Individual 401k, Solo k, Solo 401k, PSP already at Fidelity that only permits you to invest in equities, consider a self-directed solo 401k from MySolo401k.net. We will assist you in establishing a Self-Directed Solo 401k at Fidelity (Fidelity Solo 401k) using MySolo401k.net plan document.

Here's how the process of opening Self-Directed Solo 401k at Fidelity using MySolo401k.net trust/plan document works:

Existing Plan at Fidelity

If you already have existing Plan at Fidelity (e.g., Individual 401k, Solo 401k, KEOGH, Profit Sharing), we will provide you with our Solo 401k trust document, Fidelity Retirement Account Application, and Fidelity Check writing Form.

You will then submit above forms to Fidelity and your existing plan will be transferred internally to your new Self-Directed Solo 401k.

NOTE that a transfer form is not necessary since your existing plan will be transferred internally to new Self-Directed Solo 401k plan using MySolo401k.net trust documents.

Existing IRA at Fidelity

If you already have existing IRA at Fidelity (e.g., Traditional, SEP, or SIMPLE IRA), we will provide you with our Solo 401k trust document, Fidelity Retirement Account Application, Fidelity Check writing Form, and our Transfer form.

You will then submit above forms to Fidelity and your existing IRA will be transferred internally to your new Self-Directed Solo 401k

After your Self-Directed Solo 401k is established using MySolo401k.net plan/trust documents, all administration of the Self-Directed Solo 401k plan is handled by you as Trustee of the plan, with MySolo401k.net assistance (e.g., we offer free preparation for Form 5500 EZ and Form 1099-R as well as Solo 401k participant loan docs).