vito31
Returning Member

Retirement tax questions

thank you for your answer. I'm getting some conflicting information.

My broker's retirement department just told me the elective deferral depends on the elective deferral deadline for my State which is Connecticut. If the deadline is 12/31/21 we can only defer 2021 employer part in 2022.

The solo 401K plan was just set up in March of 2022. Single owner LLC with no employees. 

Any other guidance would be much appreciated.