Solo 401 K Contribution Limits 2024 Over 55

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Solo 401 K Contribution Limits 2024 Over 55

Solo 401 K Contribution Limits 2024 Over 55. In 2023, the irs increased the employee deferral $2,000 after an increase of $1,000 the previous year. For 2023, that limit is $66,000.


Solo 401 K Contribution Limits 2024 Over 55

Your business can contribute up to 25% of your compensation. This is up from $66,000 and $73,500 in 2023.

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