- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
IRA and Solo 401k Contributions
All of my earned income is 1099 and I don't want to get in trouble by contributing more than I am allowed.
if the number is $16,000 that turbotax says my maximum contribution to a solo 401k plan, and I have contributed $6,000 already to a Roth IRA (which comes first in my retirement strategy), then that means I would only have $10,000 possible contribution to my solo 401k plan without getting into trouble?
‎February 15, 2022
8:25 PM