Solo 401k Plan Calculator

If you are self-employed, a Solo 401k Plan can be one of the best tools available to create a secure retirement. First, like regular 401k accounts, all contributions and earnings to your Solo 401k are tax deferred. You only pay taxes on contributions and earnings when the money is withdrawn. Second, it has very high contribution limits - allowing you to contribute more to your Solo 401k each year. For those who aim to max out tax-advantaged retirement savings, the Solo 401k can't be beat.

This Solo 401k plan calculator will assist you in determining 1) what your maximum annual contribution can be and, 2) how funding a Solo 401k plan can help you build a healthy retirement nest egg. You can change the assumptions and input values as much as needed to define the Solo 401k savings program that's right for you.

401k Facts
Tips & knowledge to help your 401k planning efforts.
The growing dominance of 401k retirement plans and the growing importance of 401k planning.
(S)ince the early 1980s pension coverage has seen a noticeable shift away from “traditional” defined benefit (DB) plans, in which workers typically accrue benefits based on years of service and earnings, toward defined contribution (DC) plans in which participants accumulate balances in personal accounts. Currently, there are more than 49 million U.S. workers participating in employer-sponsored DC plans. Further, 401(k) plans are the fastest growing type of employer-sponsored pension plan and currently cover over 85 percent of active DC plan participants. Given the decline of DB plans and the growth of 401(k) plans, many workers are increasingly relying on 401(k) plans for their pension income. (Source: GAO)
Recent 401k Planning Articles

Solo 401k Plan Calculator

401k Facts

The growing dominance of 401k retirement plans and the growing importance of 401k planning.

Recent 401k Planning Articles