Archive for March, 2013

What Does My Annual Solo 401k Contibution Limit Consist Of?

March 1st, 2013

The annual Solo 401k contribution consists of 2 parts, an employee salary deferral contribution and an employer profit sharing contribution. In 2013 the total contribution limit for a Solo 401k is $51,000 or $56,500 if age 50 or older. The total allowable contribution limits are combined to get the maximum Solo 401k contribution limit. Under […]

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