Full Newsletter   Newsletter Archives

  Home    About Us    Services    Office Locations    Contact Us   



 Glossary:  ABCDEFGHIJKLMNOPQRSTUVWXYZ
Title:
Description:

 Q. For this year and later years, what is the limit on contributions to a solo defined contribution plan set up for you as the sole worker in a small business?

 a. 15 percent of compensation or self-employment income.
 b. 25 percent of compensation or 20 percent of self-employment income. 
 c. 15 percent of compensation or 13.0435 percent of self-employment income.
 d. 25 percent of compensation or 15 percent of self-employment income.

Click "Full Article" for the answer

History/Notes: