Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

To be fair, the max you can put into a solo 401k on the employer side is limited to 20% of your net annual profit (business income minus half of self-employment tax). So in order to put in $30,000, you need to have net income of around $160k, which is doable, but more than a little contracting.

For most people here, the mega backdoor Roth is probably more doable, assuming your employer offers the option.



Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: