Solo 401(k) Traditional Contributions

What is the deadline for contributing to a Self-Directed Solo 401(k)?

Contribution must be elected by December 31st for Solo 401(k). The actual contribution needs to be made up before your personal tax filing deadline.

When do I have to elect that I'm making a contribution?

For your Solo 401(k), you must formally elect to make an employee deferral contribution by December 31st.

Do I have more time to finish my contribution like my IRA?

The actual contribution can be completed  up until the personal tax-filing deadline (April 15, or October 15 if an extension was filed). Keep in mind this only refers to a Solo 401(k), not a standard employer 401(k) plan which typically requires contributions by December 31st.


Read more about our Self-Directed Solo 401(k)