From the Attending Financial question bank
The Paycheck Series · board-style
A 40-year-old anesthesiologist compares two 2026 offers: a hospital W-2 at $300,000 with a 401(k) offering a 4 percent match, versus a $300,000 1099 contract under which she would open a solo-401(k). She would defer the full $24,500 employee limit in either case. Approximately how much more total defined-contribution space does the 1099 arrangement allow for 2026?
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