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Business & farm
You still didn't answer my question (and i probably didn't ask correctly as well :)). If you look on the "table" - if you have a 25% plan it says you can contribute up to %58k but on deduct 20% of the employer contribution (but does say SEP, profit sharing and money purchase plans). So is a solo 401k different and you can contribute AND deduct the full 25%?
Mick
March 8, 2022
8:15 AM