Solo Roth 401(k) Contribution
How much can a sole proprietor (age 45) contribute to a Roth Solo 401(k) for tax year 2023 – $22,500 or $66,000?
Net Income is ~$400,000.
How much can a sole proprietor (age 45) contribute to a Roth Solo 401(k) for tax year 2023 – $22,500 or $66,000?
Net Income is ~$400,000.
Permalink Submitted by Alan - IRA critic on Mon, 2023-11-20 16:43
66,000. 22,500 elective deferrals and 43,500 profit sharing.