Solo 401k Contribution Limits 2024 Irs

Solo 401k Contribution Limits 2024 Irs. Use our calculator to estimate your future balance. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit will go up to $23,000 in 2024.

For 2024, there’s a slight increase in the amount you can save in your 401 (k) plan. The irs allows a maximum contribution per taxpayer of $66,000 for 2023 and $69,000 for 2024 to a company 401k plan.