Contribution limits Solo(k)

[Anthony Freeman]

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

[Ashish Acharya]

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.