Author Topic: Contribute to both a 401k and SEP-IRA?  (Read 1095 times)

csdreaming

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Contribute to both a 401k and SEP-IRA?
« on: June 06, 2016, 04:13:00 AM »
For a sole, self employed proprietorship. If it's under the 53k limit can you contribute employer side 20% to both a 401k and SEP-IRA maxed out?

Say I make 100k after employer side FICA tax.

Is it allowed to max out both the SEP (20k) and the solo 401k (20k)?