Solo 401 K Contribution Limits 2024 Fidelity. The 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older. However, your contribution cannot exceed 25% of your gross adjusted.
The irs has announced the 2024 contribution limits for retirement savings accounts, including contribution limits for 401(k), 403(b), and 457(b) plans, as well as income limits. Your employee contribution limit is the same as the 401 (k) contribution limit for any traditionally employed worker, which is $23,000, or $30,500 if you’re 50 or older.
Solo 401 K Contribution Limits 2024 Fidelity Images References :