The benefits available to a self-employed individual in a solo 401(k) plan have increased. The self-employed individual can contribute to the solo 401(k) plan two ways: Through elective deferrals limited to the lesser of $16,500 or 100% of the self-employed individual’s compensation for 2011 and 2012. Through employer contributions limited to 20% of the self-employed…Details
Tax Article Archives
Read about some of John’s more memorable experiences navigating the conflicting sections of the Internal Revenue Code.