Solo 401 K Contribution Limits 2024 Employer Match

Solo 401 K Contribution Limits 2024 Employer Match. 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. This limit doesn’t include catch.

The contribution limit for simple 401 (k)s is $16,000 (up to $19,500 if you’re 50 or older). The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.