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: Tell us about you deposit

We'll need to know the following:

  • 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 (most often it will be for the current tax year)

  • Which account the funds are going to (Pre-Tax or Roth)

  • The contribution type (Employee or Employer) if the funds are going to a Pre-Tax account

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

Step 4: Provide Manual ACH or Wire instructions if needed

Step 5: Confirm the details of your deposit

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

Step 6: Click "Finish" after deposit initiation is confirmed