Solo 401k Calculator
How much can I contribute into a Solo 401k, SEP IRA, Defined Benefit Plan or SIMPLE IRA?
Using the retirement calculator below you can calculate the maximum annual retirement contribution limit based on your income. Enter your name, age and income and then click "Calculate."
The result will show a comparison of how much could be contributed into a Solo 401k (also known as the Individual 401k), SEP IRA, Defined Benefit Plan or SIMPLE IRA based on your income and age.
Note: If you are taxed as a sole proprietorship use your NET income when using the calculator. If you are incorporated and receive a W-2, then use your W-2 wages when using the calculator.
After utilizing the retirement calculator, you can read in-depth information at the links below about each of these retirement plans.
How Can BCM Help You?
Beacon Capital Management Advisors (BCM) is experienced in setting up retirement plans for our clients. BCM provides retirement plans to the self employed, freelancers, entrepreneurs, independent contractors and small business owners and is registered in 50 States. Complete the form below and a BCM Advisor will promptly respond to your inquiry.
Disclosures:
*The information on this page is for informational purposes only and does not constitute, and should not be construed as, professional, legal or tax advice. To determine your individual tax situation and specific needs, please consult a professional tax advisor.
*Information contained in these sections merely highlight some benefits. There are risks involved with all investments that could include tax penalties and risk/loss of principal.