Quote:
Originally Posted by petegz28
Employer Match Does Not Count Toward the 401(k) Limit
You can only contribute a certain amount to your 401(k) each year. For 2019, that limits stands at $19,000. In 2020, the limit is expected to rise to $19,500.
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For us non-401 K’rs...
One of the benefits of of being self employed - SEP IRA’s. You can contribute Up to 25% of your salary toward your SEP contribution at a max of $57,000 in 2020 (pre-tax dollars). I do this every year.