MYCPE ONE

401(k) Insights: Tax Perks, Contributions, and Rules 2.5 Credits 2 Credits

Apr 29, 2026, 10:00 AM EDT

401(k) Insights: Tax Perks, Contributions, and Rules 2.5 Credits 2 Credits

  • Rating

    4.6

  • Published on

    February, 2026

  • Subject Area

    Taxes

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Apr 29, 2026, 10:00 AM EDT

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Learning Objectives

  • Discuss Solo 401(k) plan qualification requirements.
  • Identify eligible employer participation criteria.
  • Analyze contribution types and annual limits.
  • Explain loan provisions and distribution triggers.
  • Differentiate reporting obligations and correction procedures.

Course Overview

Are you advising business owners who want to maximize retirement contributions while staying compliant? Solo 401(k) plans, also called one-participant plans, offer powerful tax advantages but require careful administration. Many practitioners assume these plans are simple, yet contribution structures, reporting obligations, and compliance rules can quickly become complex.

This CE course explains how Solo 401(k) plans operate, who qualifies to establish them, and how multiple contribution types work within one plan. You will review employee deferrals, Roth options, employer profit-sharing contributions, and rollover rules. The course also addresses loan provisions, distribution triggers, and required filings. Since these plans cannot have rank-and-file employees, non-discrimination testing rules differ from traditional 401(k) plans. Understanding these distinctions is critical when advising solopreneurs and owner-only businesses.

Major Topics:

  • Solo Plan Eligibility Rules
  • Contribution Structure Framework
  • Annual Reporting Requirements
  • Distribution Trigger Events
  • Plan Correction Procedures

You will also examine employer responsibilities, annual reporting requirements, and plan correction procedures to maintain compliance. By the end of this CE course, you will be better prepared to guide business owners in structuring and maintaining Solo 401(k) plans while avoiding costly mistakes and compliance risks.

For more CE Tax Courses, Click here.

On Demand Credits for All Qualifications

Live Webinar Credits for All Qualifications

License details Credits Status
Taxes for Certified Public Accountants (CPA-US) 2.5 CPE Approved
Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-03046-26-S) 2 CE Approved
Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-03046-26-S) 2 CE Approved
Tax Planning for Certified Financial Planner (CFP-US) (Approval No. 347061) (Valid upto : Dec 31, 2026) 2.5 CE Approved
Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-02527) 2 CE Approved
Taxes for Personal Financial Specialist (PFS) 2.5 CPD Eligible
Taxes for Chartered Financial Analyst (CFA) 2.5 PL Eligible
Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-03046-26-S) 2 CE Approved
Taxes for Chartered Financial Consultant (ChFC) 2.5 CE Eligible
Taxes for Delaware Licensed Public Accountant (DE-LPA) 2.5 CPE Eligible
Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-03046-26-S) 2 CE Approved
Enrolled Retirement Plan Agent (ERPA) 2.5 CE Approved
Estate Planning for Trust and Estate Practitioners (TEP) 2.5 CPD Eligible
Taxes for Certified Wealth Strategist (CWS) 2.5 CE Eligible
Federal tax-related matters for LTC (Approval No. GEHNZ-T-03046-26-S) 2 CE Approved
Taxes for Retirement Income Certified Professional (RICP) 2.5 CE Eligible
Taxes for Certified Fiduciary and Investment Risk Specialist (CFIRS) 2.5 CE Eligible
Retirement Planning for Chartered Life Underwriter (CLU) 2.5 CE Eligible
Retirement Planning for Certified Plan Fiduciary Advisor (CPFA)/Qualified Plan Financial Consultant (QPFC) 2.5 CE Eligible
Taxes for Financial Services Certified Professional (FSCP) 2.5 CE Eligible
Taxes for Wealth Management Certified Professional (WMCP) 2.5 CE Eligible
Qualified Plans for Qualified 401(k) Administrator (QKA) 2.5 CE Eligible
Taxes for Iowa Licensed Public Accountant (IA-LPA) 2.5 CPE Eligible
Taxes for Chartered Advisor in Senior Living (CASL) 2.5 CE Eligible
Taxes for CIPM 2.5 PL Eligible
Taxes for Maine Licensed Public Accountant (ME-LPA) 2.5 CPE Eligible
Qualified Plans for Qualified Pension Administrator(QPA) 2.5 CE Eligible
Retirement Planning for Chartered Advisor in Philanthropy (CAP) 2.5 CE Eligible
Qualified Plans for Associated Professional Member(APM) 2.5 CE Eligible
Qualified Plans for Qualified 401(k) Consultant(QKC) 2.5 CE Eligible
Qualified Plans for Tax-Exempt and Governmental Plan Consultant (TGPC) 2.5 CE Eligible
Qualified Plans for Certified Pension Consultant (CPC) 2.5 CE Eligible
Taxes for Chartered Special Needs Consultant (ChSNC) 2.5 CE Eligible
Qualified Plans for Certified Plan Sponsor Professional (CPSP) 2.5 CE Eligible
License details Credits Status
Taxes for Certified Public Accountants (CPA-US) 2 CPE Approved
Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-03046-26-O) 2 CE Approved
Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-03046-26-O) 2 CE Approved
Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-02527) 2 CE Approved
Taxes for Personal Financial Specialist (PFS) 2 CPD Eligible
Taxes for Chartered Financial Analyst (CFA) 2 PL Eligible
Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-03046-26-O) 2 CE Approved
Chartered Financial Consultant (ChFC) 2 CE Eligible
Taxes for Delaware Licensed Public Accountant (DE-LPA) 2 CPE Eligible
Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-03046-26-O) 2 CE Approved
Enrolled Retirement Plan Agent (ERPA) 2 CE Approved
Trust and Estate Practitioners (TEP) 2 CPD Eligible
Taxes for Certified Wealth Strategist (CWS) 2 CE Eligible
Federal tax-related matters for LTC (Approval No. GEHNZ-T-03046-26-O) 2 CE Approved
Taxes for Retirement Income Certified Professional (RICP) 2 CE Eligible
Taxes for Certified Fiduciary and Investment Risk Specialist (CFIRS) 2 CE Eligible
Retirement Planning for Chartered Life Underwriter (CLU) 2 CE Eligible
Certified Plan Fiduciary Advisor (CPFA)/Qualified Plan Financial Consultant (QPFC) 2 CE Eligible
Taxes for Financial Services Certified Professional (FSCP) 2 CE Eligible
Taxes for Wealth Management Certified Professional (WMCP) 2 CE Eligible
Qualified Plans for Qualified 401(k) Administrator (QKA) 2 CE Eligible
Taxes for Chartered Advisor in Senior Living (CASL) 2 CE Eligible
Taxes for Iowa Licensed Public Accountant (IA-LPA) 2 CPE Eligible
Retirement Planning for Chartered Advisor in Philanthropy (CAP) 2 CE Eligible
Qualified Plans for Qualified Pension Administrator(QPA) 2 CE Eligible
Taxes for CIPM 2 PL Eligible
Taxes for Maine Licensed Public Accountant (ME-LPA) 2 CPE Eligible
Qualified Plans for Associated Professional Member(APM) 2 CE Eligible
Qualified Plans for Tax-Exempt and Governmental Plan Consultant (TGPC) 2 CE Eligible
Core for Enrolled Actuaries 2 CE Eligible
Qualified Plans for Qualified 401(k) Consultant(QKC) 2 CE Eligible
Taxes for Chartered Special Needs Consultant (ChSNC) 2 CE Eligible
Qualified Plans for Certified Pension Consultant (CPC) 2 CE Eligible
Qualified Plans for Certified Plan Sponsor Professional (CPSP) 2 CE Eligible

Additional Information

Credits

2.5

Credits

2

Course Level

Intermediate

Instructional Method

QAS Self Study

Group Internet Based

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CFP BOARD APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC, is an approved Continuing Education (CE) provider registered with the Certified Financial Planner (CFP) Board (Provider Number - 8061). CE credits are granted based on a 50-minute hour, in accordance with the standards set by the CFP Board. Please note that the CFP Board has the final authority on the acceptance of individual courses for CE credit.

IRS APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering aintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CTEC APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC, in accordance with the standards set forth in Circular 230 section 10.6, grants Continuing Education (CE) credits based on a 50-minute hour. MY-CPE LLC is approved by the California Tax Education Council (CTEC) (Provider Number – 6273) to offer continuing education courses that count towards the annual continuing education requirement for CTEC Registered Tax Preparers. Additional information regarding registration as a tax preparer can be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free at (877) 850-2832, or by visiting www.ctec.org.

Need to meet your Enrolled Agent (EA) Continuing Education (CE) requirements? MYCPE ONE has you covered. Our Online EA CE courses make it easy to earn credits while expanding your expertise in tax regulations and practices. Stay ahead with the latest updates and in-depth insights designed to keep you at the top of your field. With flexible scheduling and a user-friendly platform, MYCPE ONE offers a convenient, interactive learning experience. Start advancing your career today!

About Instructor

John Paul Ruiz

John Paul Ruiz | QKA

Director of Professional Development, Ruiz Consulting LLC

  • 4.6
  • rating
  • rating
  • rating
  • rating
  • rating

John Paul Ruiz has over 27 years of experience in the retirement and financial services industries. Before joining Entrust, he served as Vice President of Professional Development for Integrated Retirement Initiatives, LLC. John Paul has valuable retirement plan insight from his roles at Ascensus, the IRA Institute, and American Bankers Association, among others. In addition to his extensive career in the industries of retirement and finance, he holds QKA and CISP certifications. John Paul ensures the Entrust team remains compliant with ERISA regulations, and uses his impressive retirement industry knowledge to help them better serve their clients.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. Our courses qualify for credits with NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses accepted by NASBA and other professional organizations?

MY-CPE LLC courses are accepted for continuing education credit by various professional certification programs, including NASBA, IRS, CFP Board, and HRCI. MY-CPE LLC is also recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® and SHRM-SCP® recertification activities.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. Our courses qualify for credits with NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other professional organizations.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars accepted by NASBA and other Professional Organizations?

MY-CPE LLC courses are accepted for continuing education credit by various professional certification programs, including NASBA, IRS, CFP Board, and HRCI. MY-CPE LLC is also recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® and SHRM-SCP® recertification activities.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are accepted for compliance and reporting purposes with NASBA, IRS, CFP Board, HRCI, SHRM (for PDCs), Payroll Org, FP Canada, and 25+ other professional organizations.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

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Average (9%)

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GT

Guihua Tian, CPA (US)

5

Good

DI

Douglas Ivy, Tax Advisor

4

Good class tough to follow at times

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