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Feb 28, 2021
9:55
:56
pm
jvquarterback
All-American
Doing 1099 work on the side. What are the rules for setting up another 401k?
I already max out my 401k from my w2 job.
This message has been modified
Originally posted on Feb 28, 2021 at 9:55:56pm
Message modified by jvquarterback on Feb 28, 2021 at 9:56:20pm
Message modified by jvquarterback on Feb 28, 2021 at 9:56:32pm
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jvquarterback
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jvquarterback
Joined
Jun 10, 2011
Last login
Apr 20, 2024
Total posts
6,557 (36 FO)
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Messages
Author
Time
Doing 1099 work on the side. What are the rules for setting up another 401k?
jvquarterback
2/28/21 9:55pm
Can do solo 401k up to 56k
cougfanz
2/28/21 9:56pm
Even if I've maxed my company 401k?
jvquarterback
2/28/21 10:00pm
No, the annual max is applied on an individual basis
CommodoreCoug
2/28/21 10:08pm
I guess I don’t know but here is an article about it
cougfanz
3/1/21 3:56am
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