Individual 401k Question Answered – Can I max out my 2022 contributions now to my Individual 401k?

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Individual 401k Contribution Question: I just set up a solo 401k – can I deposit the maximum contribution now or do I need to wait until the end of the year?

You can contribute the maximum contribution now provided that you have the self-employment compensation income to justify the contribution.

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About George Blower

I have the privilege of educating our clients about our products and services so that they can make informed and confident decisions about their financial future. Prior to joining My Solo 401k Financial, I served as the general counsel for a subsidiary of a Fortune 500 financial services company. Learn more about George Blower and My Solo 401k Financial >>

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