Matching contributions for a Solo 401k?
Are there any matching contributions for a Solo 401k?
Answer:
No. Matching contributions are listed in the Solo 401k Plan as not applicable.
There are no matching contributions because the plan is designed to be as flexible as any retirement plan can be allowed by law in the U.S. This might mean that some years you will make employer contributions and in other years you won’t. This allows the greatest flexibility within the plan. Employer contributions are known as "Profit Sharing". Please review the following link to learn more: