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2. 401(k) - Wikipedia

   en.wikipedia.org/wiki/401(k)

   There is also a maximum 401(k) contribution limit that applies to all employee and employer 401(k) contributions in a calendar year. This limit is the section 415 limit, which is the lesser of 100% of the employee's total pre-tax compensation or $56,000 for 2019, or $57,000 in 2020.

3. Social Security Wage Base - Wikipedia

   en.wikipedia.org/wiki/Social_Security_Wage_Base

   It is also the maximum amount of covered wages that are taken into account when average earnings are calculated in order to determine a worker's Social Security benefit. In 2020, the Social Security Wage Base was $137,700 and in 2021 was $142,800; the Social Security tax rate was 6.20% paid by the employee and 6.20% paid by the employer.

4. Solo 401 (k) - Wikipedia

   en.wikipedia.org/wiki/Solo_401(k)

   Although both the Solo 401(k) and SEP IRA function as a retirement vehicle for self-employed individuals, the Solo 401(k) offers a number of features not found in the SEP. It is easier to contribute the maximum amount in a Solo 401(k) because of the Salary Deferral component of $18,500 in 2018, which is not available with a SEP IRA.

5. Contribution Limits for a One-Participant 401(k)

   www.aol.com/finance/contribution-limits-one...

   A one-participant 401(k) or solo 401(k) is an attractive retirement savings option for self-employed workers or business owners. While they’re similar to the standard 401(k) plans often offered ...

6. 401(k) Plans for Highly Compensated Employees: What You ...

   www.aol.com/news/401-k-highly-compensated...

   One of the benefits that makes tax-deferred retirement accounts like 401(k) plans so attractive is their high contribution limits. This becomes especially appealing when your company offers a 401 ...

7. 27 Best Strategies To Get the Most Out of Your 401(k) - AOL

   www.aol.com/news/27-best-strategies-most-401k...

   Reach the maximum 401k contribution. Reach the maximum 401k contribution. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 ...