Your Solo 401(k) contribution potential
Total you can contribute
$38,500
employee + employer contributions to your Solo 401(k)
Employee contribution
$23,500
From your salary (pre-tax deferral)
🎉
Congratulations, you can make catch-up contributions!
Employer contribution
$15,000
Up to 25% of salary (profit-sharing)
Estimated tax savings
Total tax savings
$0
from federal + state on your contributions
Federal tax savings
$0
State tax savings (13.3%)
$0
Effective marginal rate
0%