How do I make a contribution to my Solo 401k?

Edited

Step 1: Go into your Solo 401k Account

Step 2: Click "Deposit"

Step 3: Input deposit details:

  • The amount you'd like to contribute

  • Where the funds are coming from (a linked bank account, a manual ACH, or a wire deposit)

  • What year the the deposit is for

  • Which account the funds are going to (Solo 401k Pre-tax, Solo 401k Roth, or Solo 401k Mega Backdoor Roth)

  • The contribution type (Employee or Employer) if the funds are going to a Solo 401k Pre-Tax account. All Solo 401k Roth and Solo 401k Mega Backdoor Roth contributions are considered employee after-tax contributions.

  • The frequency of deposits (One-time, or recurring at a daily, biweekly, monthly, or quarterly basis)

Step 4: Confirm the details of your deposit

Review your deposit information and finalize your contribution by clicking "Confirm".

Step 5: Click "Finish" from the confirmation screen