Solo 401k Employer Contributions
There are certain limits on the contributions and other annual additions you can make each year to Solo 401k. There are also limits on the amount you can deduct.
Limits on Solo 401k Contributions. For 2015, a Solo 401k Plan's annual contributions and other additions (excluding earnings) to the account of a participant cannot exceed the lesser of the following amounts.
1. 100% of the participant's compensation.
2. $53,000
The $6,000 catch-up contribution is not subject to the above limit.
Click on Solo 401k Contribution Deadline to lean when they are considered made.
More Information
Contribute to Multiple 401k Plans
Solo 401k FAQs
Limits on Solo 401k Contributions. For 2015, a Solo 401k Plan's annual contributions and other additions (excluding earnings) to the account of a participant cannot exceed the lesser of the following amounts.
1. 100% of the participant's compensation.
2. $53,000
The $6,000 catch-up contribution is not subject to the above limit.
Click on Solo 401k Contribution Deadline to lean when they are considered made.
More Information
Contribute to Multiple 401k Plans
Solo 401k FAQs