Solo 401k Employer Contribution Limits 2024

Solo 401k Employer Contribution Limits 2024. 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. That is a $23,000 employee contribution and a $18,587 employer.


Solo 401k Employer Contribution Limits 2024

See the contribution limits for your plan. For 2024, the solo 401 (k) maximum contribution limit for the elective deferral is $23,000 if youโ€™re under age 50.

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