2024 Solo 401(k) employee salary deferral and employer profit sharing deadline
I have a client that is a sole prop that files a schedule C. She opened a Solo 401(k) back in 2023.
What is the deadline for her to make her 2024 employee 401(k) salary deferral? What is the deadline for her to make her 2024 employer profit sharing 401(k) contribution?
Permalink Submitted by Alan - IRA critic on Mon, 2025-02-10 17:19
The employee contribution must be made by 4/15, and the employer contribution by 4/15 or 10/15 with an extension. This applies to existing solo k plans.