Limit For 401k Contribution 2024 Self Employed

Limit For 401k Contribution 2024 Self Employed. The irs sets solo 401k contribution limits each year. For 2024, the employee contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.


Limit For 401k Contribution 2024 Self Employed

The limit on employer and employee contributions is $69,000. The total solo 401 (k) contribution limit is up to $69,000 in 2024.

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