Solo 401 K Contribution Limits 2024 Over 55

Solo 401 K Contribution Limits 2024 Over 55. For 2024, the solo 401(k) maximum contribution limit for the elective deferral is $23,000 if you’re age 50 and under. In 2024, individuals with a solo 401(k) can contribute a maximum amount on the employee end and the employer.


Solo 401 K Contribution Limits 2024 Over 55

Participants who are 50+ can save an additional. However, your contribution cannot exceed 25% of your gross adjusted.

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