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2021 Contribution and Benefit Limits Announced by the IRS

The IRS recently announced the 2021 contribution limit adjustments for retirement plans!



As far as Self-Directed Solo 401(k)s go, the salary deferral limit and catch-up contribution amounts will remain the same as 2020: $19,500 and $6,500, respectively. The combined limit, however, was increased from $57,000 in 2020 to $58,000 in 2021, so the profit-sharing portion can be increased by $1,000!



Please find the complete announcement outlining all retirement plan adjustments in this Notice 2020-79.


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Nashional Self-Directed does not offer tax, accounting, legal or investment advice. Please consult with the appropriately licensed or certified processional if these services are needed. The content provided on this website is for informational purposes only. Pricing is subject to change at any time.