Self-Employed Retirement Plan Maximum Contribution Calculator

Compensation for a self-employed individual (sole proprietor or partner) is that person's 'earned income.'* The starting point to determine the individual's earned income is the net profit amount from the Schedule C (or Schedule K-1 for a partnership). Use this calculator to determine your maximum contribution amount for a Self-Employed 401(k), SIMPLE IRA and SEP.

*Earned Income = Net Profit - 1/2 of Self-Employment Tax - Contribution


Plan Information
Type of business
Contribution tax year
Current age
Net profit from Form 1040-Schedule C ($)

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. This service shall not infer that the company assumes any fiduciary duties. In addition, such service should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.