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2. Can I Deduct My 401(k) Contributions From My Taxes? - AOL

   www.aol.com/tax-deduction-401-k-130010205.html

   While you can’t get a 401(k) tax deduction, 401(k) plans make it possible to lower your taxable income. A financial advisor could help you put a tax strategy together for your investments and ...

3. Is My Solo 401(k) Tax Deductible?

   www.aol.com/solo-401-k-tax-deductible-151210106.html

   Investing in a solo 401(k) is a common retirement savings plan for self-employed individuals or small business owners. ... Potential Tax Deductions With a Solo 401(k) The main tax perk involves ...

4. 15 Self-Employment Tax Deductions You Should Know - AOL

   www.aol.com/15-self-employment-tax-deductions...

   When you contribute to a pre-tax retirement plan (such as an IRA), you can deduct those contributions from your tax return. And if you’re self-employed, you can open a Solo 401(k) plan and ...

5. 401(k) - Wikipedia

   en.wikipedia.org/wiki/401(k)

   Prior to EGTRRA, the maximum tax-deductible contribution to a 401(k) plan was 15% of eligible pay (reduced by the amount of salary deferrals). Without EGTRRA, an incorporated business person taking $100,000 in salary would have been limited in Y2004 to a maximum contribution of $15,000.

6. Can I Make After-Tax 401(k) Contributions? - AOL

   www.aol.com/tax-401-k-contributions-130044391.html

   For starters, you get to breach the annual 401(k) contribution limit by making after-tax deferrals. In 2023, employees can make up to $22,500 in pre-tax salary deferrals toward their 401(k) plans ...

7. IRS increases 401(k), other 2025 retirement plan contribution ...

   www.aol.com/finance/irs-increases-401-k-other...

   For the 2025 tax year, the IRS is increasing the annual contribution limit for 401(k) plans by $500 from the current limit of $23,000 in 2024 to $23,500 in 2025.