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Solo 401k when transitioning from self-employed to W2
I'm currently self-employed, and I have an individual 401k. In a few weeks, I will start receiving all income as a W2 employee, no more 1099. I'm wondering about contributions to my individual 401k -- can I contribute the full annual limit if I do so before August 1? Or is the max I can contribute based on how much of the year I'm earning 1099 income?
‎July 11, 2022
8:17 AM