Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply

User Stats

327
Posts
63
Votes

Contribution limits Solo(k)

Anthony Freeman
Posted

I understand the contribution limit is around $60,000 yearly. However, how much can you start the account with?

Most Popular Reply

User Stats

4,124
Posts
3,285
Votes
Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
  • CPA, CFP®, PFS
  • Florida
3,285
Votes |
4,124
Posts
Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
  • CPA, CFP®, PFS
  • Florida
Replied
Quote from @Anthony Freeman:

I understand the contribution limit is around $60,000 yearly. However, how much can you start the account with?


 It does not house much you can start with. This depends on how much income you have. What entity have you got? There are limits based on income or wages. The max is around 60k.  

business profile image
INVESTOR FRIENDLY CPA®
4.9 stars
217 Reviews

Loading replies...