Solo 401 K Contribution Limits 2024 Pdf Download. For 2024, employees can defer up to $23,000 into 401(k) plans, up from $22,500 in 2023, with an extra $7,500 for workers age 50 and older. Your employee contribution limit is the same as the 401(k) contribution limit for any traditionally employed.

With a solo 401 (k), you can contribute up to $69,000 for 2024 (up from $66,000 in 2023) or 25% of your adjusted gross. For 2024, the ira contribution limit is.