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What is Ocho Solo 401k?

The Ocho Solo 401k provides exceptional tax advantages for entrepreneurs, standing out from all other retirement plans. Participants can contribute up to $61,000, benefiting from tax-free growth across a variety of asset classes. With a focus on user experience, Ocho makes it easy to manage your solo 401k, enabling you to set up your account, contribute funds, and invest directly via a simple, intuitive dashboard. Creating a solo 401k with Ocho is remarkably straightforward and can be accomplished in less than ten minutes, as they take care of all required paperwork and administration for you, which removes the inconvenience of managing separate banking and brokerage accounts. Investors have the flexibility to allocate their funds into traditional assets like stocks, mutual funds, and ETFs, or they can take advantage of checkbook control to directly invest in alternative assets such as real estate, cryptocurrency, and private equity, offering a wide array of options to enhance their financial growth. With Ocho, the journey to establishing a robust retirement plan becomes not only attainable but also adaptable, addressing the specific needs of every entrepreneur. Ultimately, Ocho empowers business owners to take charge of their financial futures with confidence and ease.

What is Human Interest?

Human Interest provides an easy and cost-effective solution for employees looking to save for their retirement. Unlike other 401(k) providers that may exploit clients with hidden fees, we offer transparent low-cost plans and funds. There are absolutely no transaction fees involved. Our user-friendly dashboard gives you a comprehensive view of your company’s plan, featuring in-depth reports on employee participation and contributions. With a streamlined onboarding process and integrated investment guidance, employees can start saving for their future in just a few simple steps. Human Interest eliminates the complexities of managing your company’s retirement plan by integrating seamlessly with your payroll system to handle contributions, as well as managing compliance testing and all necessary IRS paperwork. We provide a variety of options, including traditional and Roth 401(k)s, 403(b)s, Safe Harbor plans, and profit-sharing plans. We are committed to helping you select the best plan for your specific needs. Additionally, employers can personalize vesting and matching options without incurring any extra costs, ensuring a tailored retirement solution for every company. Our mission is to make retirement planning straightforward and beneficial for both employers and employees alike.

Media

Media

Integrations Supported

Integrations Supported

AllianceHCM
BambooHR
GoCo
Gusto
Namely
Rainmakers
Rippling

API Availability

API Availability

Pricing Information

$299 per year

Pricing Information

$120 per month
$4 per eligible employee

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Ocho

Company Location

United States

Company Website

ocho.com/solo401k

Company Facts

Organization Name

Human Interest

Date Founded

2015

Company Location

United States

Company Website

humaninterest.com

Categories and Features

401(k)

Not specified

Categories and Features

401(k)

Not specified

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