Solo 401(k) Calculator
Solo 401(k)
Calculate maximum solo 401(k) contributions for self-employed individuals
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Formula
Total = Employee Deferral (up to $23,000) + Employer Contribution (20-25% of income)
Frequently Asked Questions
Who can open a solo 401(k)?
Any self-employed individual with no full-time employees other than a spouse can open a solo 401(k).
What is the solo 401(k) contribution limit?
The total limit is $69,000 for 2024 ($76,500 if 50 or older), combining employee deferrals and employer profit sharing.