- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
The solo 401-K allows more to be contributed. A Sep-IRA is limited to 25% of your compensation or self-employment income. For a solo 401-K, you can contribute up to 100% of your compensation up to $20,500 in 2022 plus an additonal 25% of wages or modified self-employment income. You can read more here: Solo retirement plans
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 2, 2023
5:06 PM