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2. What is a solo 401(k)? A great self-employed retirement option

   www.aol.com/finance/solo-401-k-great-self...

   Individual 401(k) plans can help sole proprietors, ... The business can contribute 25 percent of its profits to the solo 401(k), up to a maximum of $69,000 in 2024.

3. Roth solo 401(k): What it is and who should get one

   www.aol.com/finance/roth-solo-401-k-one...

   A Roth solo 401(k) offers the same contribution limits as a Roth 401(k) with a normal employer. For 2023, the contribution limit is $22,500 and for 2024 it’s $23,000. Those 50 and over can make ...

4. Best retirement plans for the self-employed - AOL

   www.aol.com/finance/best-retirement-plans-self...

   The solo 401(k) allows you to contribute up to 100 percent of your salary, up to the employee’s annual maximum. In other words, in 2024 the first $23,000 that you earn can be stuffed away in the ...

5. Best brokerages for a solo 401(k) in 2024

   www.aol.com/finance/best-brokerages-solo-401-k...

   A solo 401(k) can offer many of the same advantages of a big employer-sponsored 401(k) at an established company, such as tax-deferred or tax-free growth as well as high annual contribution limits ...

6. Is My Solo 401(k) Tax Deductible?

   www.aol.com/solo-401-k-tax-deductible-151210106.html

   In 2023, the maximum deduction for solo 401(k) contributions is $66,000 ($69,000 in 2024). This can go up to $73,500 for those aged 50 or older ($76,500 in 2024). This can go up to $73,500 for ...

7. Understanding Tax-Advantaged Accounts and Their Benefits - AOL

   www.aol.com/finance/understanding-tax-advantaged...

   However, the Solo 401(k) is a retirement savings plan for self-employed individuals or small business owners without employees. As an employee, you can contribute up to $23,000 in 2024 or $30,500 ...