Solo 401 K Contribution Limits 2024

Solo 401 K Contribution Limits 2024. What are the new solo 401k contribution limits for 2024? A solo 401(k) plan, a sep ira, a simple ira, or.


Solo 401 K Contribution Limits 2024

The irs overall 415 limit means you can contribute $57,000 per participant, per year, per plan. For 2024, the solo 401(k) maximum contribution limit for the elective deferral is $23,000 if youโ€™re age 50 and under.

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