- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is a Deferred Compensation retirement payment elgible for a Solo 401K contribution?
I received a deferred compensation payment 1 month after I retired from my employer of 30 years. This will appear as W2 income, likely in box 11 - nonqualified plans. Since I am no longer employed at the company I am not eligible for contributions to their 401k plan. Can I make a contribution to a solo 401K plan using this income?
‎July 4, 2024
10:23 AM