Bristol 401 [SEP] manufacturer
Bristol 401
The Bristol 401 saloon and Bristol 402 cabriolet are British luxury sporting cars, produced between 1948 and 1953 by Bristol Cars, an offshoot of the Bristol Aeroplane Co.. They were the successors to the initial Bristol 400.
Although mechanically the 401 and 402 used an improved version of the BMW M328 hemi-head engine and its unusual arrangement of two separate pushrods to operate the exhaust valves (necessitated by the hemispherical combustion chambers and opposite facing valves) used in the 400, the styling was a huge advance on
of features not found in the SEP.
1. It is easier to contribute the maximum amount in a Solo 401(k) because of the Salary Deferral component of $18,500 in 2018, which is not available with a SEP IRA.
2. A Solo 401(k) Plan includes a $6000 catch-up contribution for plan participants over the age of 50, which is not the case for a SEP IRA.
3. A Solo 401(k) Plan can offer the owner Roth contributions, even in the case where