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Subject:  Re: Solo-K + (Roth/Traditional) IRA? Date:  3/24/2003  8:14 AM
Author:  TMFPixy Number:  35956 of 88033

The 2k contribution can be made once the 415 limits are reached.

As Buzman points out, that is true ONLY up to the point where the participant reaches the 415 limit of 100% of compensation or $40,000, whichever is less. Therefore, a total contribution of $42,000 will NOT be allowed. Current IRS regulations will not permit that to happen.


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