Solo 401 K Contribution Limits 2024 Employer Match

Solo 401 K Contribution Limits 2024 Employer Match. The total overall 401 (k) contribution limit for 2024, which includes employer matching contributions and nonelective contributions, is $69,000. The total solo 401 (k) contribution limit (employee + employer contribution) is up to $66,000 in 2023.

For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older. The limits are the same as for the solo 401(k):