How to calculate solo 401k contributions is a complete walk-through on contributing to your self employed small business retirement plan. The solo 401k goes by many names including single(k), solo 401(k), Individual(k) or 'owner-only' plans.
The maximum contribution for the self-employed small business owner for 2019 is 56,000 and for 2020 the maximum contribution is 57,000. The calculation includes both employee and employer contributions to the solo 401k.
The calculation is different than contributions for an s corporation and is a bit tricky unless you know the exact formula.
If you have more questions about the solo 401k please leave a comment below.
Secure Act 2019
[ Ссылка ]
-----------------------------------------------------
Join this channel to get access to perks:
[ Ссылка ]
-----------------------------------------------------
Join this channel to get access to perks:
[ Ссылка ]
-----------------------------------------------------
Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. START HERE [ Ссылка ]
Our financial planning process is an ongoing relationship because as you grow, your financial plan grows with you. At Sickle Hunter Financial Advisors, we believe that saving and making sound financial decisions will help improve your life’s changing needs and objectives. Retirement, college planning, wealth building, social security, and career benefit packets are only a few of the financial decisions that you may face in your lifetime and we’re here to help guide you.
Payroll Provider
[ Ссылка ]
TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP®
CERTIFIED FINANCIAL PLANNER™
PODCAST [ Ссылка ]
Company Website: [ Ссылка ]
twitter: @travissickle
Instagram: [ Ссылка ]
Facebook: [ Ссылка ]
LinkedIn: [ Ссылка ]
Sickle Hunter Financial Advisors
1646 W Snow Ave.
Suite 144
Tampa, FL 33606
#travissickle
#travissickle
/////////////////////////////////////////////////
Get answers FASTER...
Join this channel to get access to perks:
[ Ссылка ]
Chat on discord:
Join Link [ Ссылка ]
Support on Patreon:
[ Ссылка ]
Get IRS FORM W4 TAX WITHHOLDING HELP HERE STARTING AT $39. bit.ly/3FJ6w8U
-----------------------------------------------------
Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. START HERE [ Ссылка ]
Our financial planning process is an ongoing relationship because as you grow, your financial plan grows with you. At Sickle Hunter Financial Advisors, we believe that saving and making sound financial decisions will help improve your life’s changing needs and objectives. Retirement, college planning, wealth building, social security, and career benefit packets are only a few of the financial decisions that you may face in your lifetime and we’re here to help guide you.
TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP®
CERTIFIED FINANCIAL PLANNER™
Company Website: [ Ссылка ]
twitter: @travissickle
Instagram: [ Ссылка ]
Facebook: [ Ссылка ]
LinkedIn: [ Ссылка ]
Sickle Hunter Financial Advisors
1646 W Snow Avenue
Suite 144
Tampa, FL 33606
Check out Google Business Profile [ Ссылка ]
-------------------------------------------------------
Gear Used in Videos [ Ссылка ]
Partnership referral links
Aura Identity Theft Protection *Up to 50% off* HTTPS://www.aura.com/travis
Bitcoin IRA [ Ссылка ]
[ Ссылка ]
All Amazon links are affiliate links
____________________________________________________________________________
Information in this video is for educational and entertainment purposes only.
sicklehunter.com/disclosures
____________________________________________________________________________
#travissickle
