Solo 401k Contribution Limits 2024

Solo 401k Contribution Limits 2024

Solo 401k Contribution Limits 2024. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. The contribution limit on individual retirement accounts will increase by $500 in 2024, from $6,500 to $7,000.


Solo 401k Contribution Limits 2024

If i classify my employer sep ira contributions to be for tax year 2023, can i still make employer 2024 contributions to the solo 401k account? Save on taxes and build for a bigger retirment!

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