401k 2024 Tax Year Limitations

401k 2024 Tax Year Limitations. For 2024, the solo 401(k) maximum contribution limit for the elective deferral is $23,000 if you’re age 50 and under. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.


401k 2024 Tax Year Limitations

The 2024 contribution limit for 401 (k) plans is $23,000, up from $22,500 in 2023. Roth 401(k) contribution limits apply to the calendar year:

401k 2024 Tax Year Limitations Images References :