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Financial Planning / Tax Strategies


Subject:  Re: 401K for small business Date:  7/31/2013  7:31 PM
Author:  John09999 Number:  118954 of 127638

Looking at the Fidelity site, it indicates that with a self-employed 401k that one can fund 17,500/23,000. However, it also states that one can also do a profit sharing contribution of up to $51,000. Doesn't that make it possible to contribute $68,500/$74,000 using just the self-employed (solo) 401k?

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