Individual 401(k) Savings Calculator

Compute long-term savings for self-employed savers using a Solo 401(k).

  • Methods explained
  • Save scenarios
  • Compare saved scenarios
  • Household prefill

Self-Employment Details

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Contribution Limits & Projection

Max Employee Contribution$23,000
Max Employer Contribution$18,587
Total Max Contribution$41,587
Future Value at Retirement$3,662,874
Estimated Tax Savings (This Year)$13,308
How it works›

Model and assumptions. Employee and employer contributions are constrained by available compensation. For sole proprietors, employer contributions also respect the Publication 560 half-of-remaining-earnings worksheet limit before catch-up contributions. Projects contributions and the entered employer amount using constant compound returns over the saving period. Annual limits and employer formulas are the implemented model’s assumptions. Actual plan eligibility, vesting, investment returns and fees can differ.IRS Publication 560OpenStax: annuity formulas