Solo 401k Contribution Limits 2024 Over 55

Solo 401k Contribution Limits 2024 Over 55. The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. Employee contributions can be up to 100% of your net compensation.


Solo 401k Contribution Limits 2024 Over 55

In 2024, individuals with a solo 401 (k) can contribute a maximum amount on the employee end and the employer side of the equation. That is a $23,000 employee contribution and a $18,587 employer contribution.

Solo 401k Contribution Limits 2024 Over 55 Images References :