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Solo-401k Contribution Calculator
Calculate the Solo-401(k) contribution limits to maximize your savings for 2023 and 2024.
Contribution Tax Year
2023
2024
The tax year for which you are making the contribution.
Business Type
Sole Proprietorship
This calculator is only meant for sole proprietors (or LLCs taxed as sole proprietors). For businesses set up as an S-corp, C-corp, or LLC taxed as such, please consult with a tax professional.
Your Age
Under 50
50 Or Older
Your age at the end of the contribution tax year.
Profit from Business
The net profit (revenue minus expenses) your business made.
Excess Contributions in Prior Year (if any)
If you exceeded the contribution limits in the prior year (and had to file IRS Form 5330), enter the amount of the excess contribution.
Other Income
I have earnings from other jobs
If you have earnings from another job, i.e. a "day job", check the box and specify contributions made through that job.
Amount of other earnings as an employee (from other jobs)
Enter the total gross earnings as an employee of other jobs
Amount of regular contributions to other 401(k) or 403(b) plans
Amount of regular (non-catch-up)contributions to other pre-tax 401(k) or 403(b) plans
Amount of catch-up contributions to other 401(k) or 403(b) plans
If you were 50 or older, enter the amount of any catch-up contributions you made to any other pre-tax 401(k) or 403(b) plans
Calculate Contribution Limit