- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Solo 401 k contribution before any deductions
As a self-proprietor, I opened 401K solo plan. I received $22,000 from my business for the year 2021 before any deductions. I'm over 65.
As an employee, I put $20,000 to 401K. But after all deductions net earnings will be less than $20,000. Did I put too much in the 401K?
March 3, 2022
12:13 AM