Self-Employed 401k Contribution Reminder
The 2017 deadline for self-employed individuals to fund their Individual 401k accounts is 12/31/2017. As a reminder, the maximum amount that can be contributed to the 401k as an employee is $18,000 for 2017 ($24,000 if age 50 or older).
Individual 401k account owners will still have the opportunity to fund the employer portion of their 401k accounts up until their tax filing deadline (including extensions) with a maximum of $36,000 for 2017.
Please contact us you have any questions about how to fund your account before year end.