As the owner of a solo 401k plan, you are the administrator as well as the trustee of your plan. This means you have total control over the plan and you decide where your retirement savings are invested. When you pass away, this responsibility goes to a trustee that you appointed beforehand. If no trustee was appointed, your retirement account goes to your designated 401k beneficiaries.
https://www.solo401k.com/blog/succession-planning-and-the-solo-401k/
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