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With a solo 401(k), you make contributions as both “employee” and “employer.” As an employee, you can contribute up to $20,500 in 2022 and $22,500 in 2023, or up to $27,000 and $30,000, respectively, if you're 50 or older. As an employer, you can contribute up to 25% of your net adjusted self-employed income.
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