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Solo 401(k) / SEP-IRA Calculator

Estimate how much a self-employed person can contribute to a Solo 401(k) or SEP-IRA.

 

How self-employed contributions work

For a SEP-IRA you can contribute about 20% of your net self-employment earnings (net profit × 0.9235, minus half your SE tax). A Solo 401(k) adds an employee deferral (up to $23,500 in 2025, or $31,000 if 50+) on top of the ~20% employer portion, up to a combined 2025 cap of $70,000. This is an estimate — the IRS uses a circular calculation and exact limits depend on your situation; confirm with a CPA.

Frequently asked questions

Solo 401(k) or SEP-IRA?

At lower incomes a Solo 401(k) usually allows a larger contribution because of the flat employee deferral; at high incomes they converge near the cap.

Sources

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