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Hi everyone,

I just wanted to confirm that we are allowed to in the same tax year contribute to both an IRA plus a solo401k. In the past I was able to do both when I had an employer sponsored regular 401k but this year I am on my own and wanted to know if I could make that employee contribution to the 401k if there is a net profit end of year.

Probably won't be able to also make an employer contribution as doesn't look like there is going to be that much profit.

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