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Solo 401k Deadline for Profit Sharing Contributions


With a self-directed Solo 401k plan, a plan participant can also make profit sharing contributions to the plan. But what is the deadline for the profit sharing contributions? In this Solo 401k Quick Tip video, we will take a look at the deadline to make profit sharing contribution to a Solo 401k account. For more information, please visit our website or give us a call at 949-228-9394. The deadline to make profit sharing contribution to a Solo401k also depends on the type of the business. For sole-proprietorship, a partnership or an LLC, you can make profit sharing contributions until the personal tax filing deadline of April 15. You can also file for an extension until October 15. If your business is a Corporation, you have until the corporate tax filing deadline on March 15 to make profit sharing contribution. The corporate filing deadline can be extended to September 15....(read more)


LEARN MORE ABOUT: Profit Sharing Plans
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