401k Limit 2024 Single

401k Limit 2024 Single. For 2024, the solo 401(k) maximum contribution limit for the elective deferral is $23,000 if you’re age 50 and under. For 2024, the compensation limit (which is the amount of your income that’s used to figure out 401(k) contributions and matches) is limited to $345,000.


401k Limit 2024 Single

Use paycheckcity’s 401k calculator to see how 401k contributions impact your paycheck and how much your 401k could be worth. For 2024, you can contribute up to $69,000, or $76,500 if you’re 50 or older.

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