Solo 401 K Contribution Limits 2024 Over 55
Solo 401 K Contribution Limits 2024 Over 55. Starting in 2024, employees can contribute up to $23,000 into their 401(k), 403(b), most 457 plans or the thrift savings plan for federal employees, the irs. Those 50 and older can contribute an additional $7,500.
401 (k) contribution limits for 2024. The maximum limit went from $66,000 in 2023 to $69,000 in 2024.