Flory Jilleen

Solo 401k Employee Contribution Limits 2024 Match

The irs maximum contribution to a solo 401k is $66,000 for 2023 (or $73,500 for those over age 50) and $69,000 for 2024 (or $76,500 for those over age 50). As the employer, you can contribute 25% more of your income (similar to a match), up to the limit.

You can make solo 401 (k) contributions as both the employer and. For 2024, the contribution limit increased to.