IRS Pub 560 · 2024 limits

SEP-IRASolo 401kSIMPLE IRAself-employed retirement1099 retirementfreelance retirementIRS Publication 560retirement contribution limits 2024

//// Tax · Retirement

Self-Employed Retirement Calculator

SEP-IRA vs Solo 401(k) vs SIMPLE IRA vs Traditional IRA — all four computed side by side for your exact 1099 income. See max contribution, immediate tax savings, projected balance, and monthly retirement income before you decide which account to open.

SE Tax Rate15.3%(vs 7.65% W-2)

QBI Deduction20%(Section 199A)

Quarterly DeadlinesApr · Jun · Sep · Jan

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