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I'm wanting to make my $18,500 employee contribution into my solo 401k as early as possible this year. I'm the sole owner of the LLC, so I don't have payroll, but know I will net over $100k this year in the company. Do I need to wait until I have made $18,500 to make the deposit? Or am I free to make it at this point knowing I will make the funds soon enough?
This is a very good question. According to my guy at ETrade (where I have my solo and Roth 401ks), you can make the full contribution now even though you make the money later. Just need to prove later, for taxes, that you did make that money.