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throwaway72646w t1_iy68o2f wrote

I do a year end lump sum solo 401k contribution every year. I'm a S Corp and my Solo 401k is with Fidelity.

I'll max it out with the 19,500, now 20,500 a year in a paycheck but you'll have to pay more like 25,000 or whatever to account for some taxes to get the full 20,500 contribution limit.

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[deleted] OP t1_iy6981n wrote

[deleted]

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throwaway72646w t1_iy6ei1j wrote

Yes, I just switch the contribution amount to 100pct to the deferred retirement plan part in my payroll processor for that pay period. Pay myself a $23,000 check (or whatever the amount is) and after taxes are taken out from the state and the employer side, it'll be the full contribution amount. You'll have to fiddle with the gross numbers to get the full contribution amount.

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