2024 401k Limits Chart. For 2023, the solo 401(k) contribution limits are $66,000 or $73,500 if you are at. The 401 (k) contribution limit is $23,000 in 2024.
The contribution limit for a designated roth 401 (k) increased $500 to $23,000 for 2024. This limit includes all elective employee salary deferrals and any contributions.
Here's How The 401(K) Plan Limits Will Change In 2024:
The overall 401 (k) limits.
The Basic Employee Contribution Limit For 2024 Is $23,000 ($22,500 For 2023).
The 2024 401 (k) contribution limit is $23,000 for people under 50.
For 2024, The 401(K) Contribution Limit For Employees Is $23,000, Or $30,500 If You Are Age 50 Or Older.
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Fact Checked By Jiwon Ma.
The overall 401 (k) limits.
1, 2024, The Following Limits Apply:
The ira catch‑up contribution limit for individuals aged 50.