Solo 401k Contribution Limits 2024 Irs

Solo 401k Contribution Limits 2024 Irs. 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 announced nov. A solo 401(k) plan with a roth feature allows one to make roth contributions of up to $23,000 or $30,500 if at least age 50 for 2024.

Depending on your earnings, you can contribute up to $69,000 if you’re under. This is an increase of $500 from 2023.