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Self-employed Solo 401k Question: If I rollover funds from a former employer plan and/or non-Roth IRA, does this count towards my annual Solo 401k contribution limit?
No – Funds rolled over from pre-existing retirement accounts don’t count towards to the annual Solo 401k contribution limits.
As part of our Solo 401k onboarding process, we are helping our clients rollover money from eligible retirement accounts (e.g. former employer plan or non-Roth IRA).
After having helped 1000s of clients rollover funds from 100s of different financial institutions, we can leverage all of our experience and expertise to make it easy.
Moreover, there is no limit to how much you can rollover to the Solo 401k.
Please note that the solo 401k contribution limits are a function of the Solo 401k owner’s earned self-employment income (i.e. you can’t save more than you earn).