Solo (k) Analysis Tool

One Person (k) / DB Analysis Tool  Enter your Email Address   Click "Buy Now" to order or call 1-877-214-0523 to order by phone

Thanks to the Economic Growth and Tax Relief Reconciliation Act of 2001, small businesses - whose only employee is the owner or the owner and spouse - can open and contribute to a Self-employed 401(K) plan. Finally, a great tax break strictly geared to benefit the smallest business owners. On top of the tax break, the Self-employed 401(k) offers other benefits for cash-strapped small business owners.

Who can establish this type of plan ?

Any single business owner, independent contractor with 1099 income, freelancer, sole proprietor, partnership, Limited Liability Company (LLC) or corporation, can tap into the full benefits of the Self-employed 401(k).

The system illustrates the maximum amount an individual can contribute to a Self-Employed 401(k) plan, plus contribution amounts for profit sharing, simple IRA and SEP plans.

Features include:

• Calculate net self-employment income if self employed
• Calculate maximum contribution to SEP, IRA, and 401(k)
• Calculate maximum Catchup contribution
• Calculate maximum Defined Benefit contribution

You can use the Self-Employed 401(k) calculator not only to figure out maximum contributions quickly and easily, but also to use it as a powerful brand-building tool.