Solo 401 K Contribution Limits 2024 Employer Match

Solo 401 K Contribution Limits 2024 Employer Match. The 401 (k) employee contribution limit for 2024 is $23,000. Employer 401 (k) matching doesn't apply toward the 401 (k) contribution limit, but there is a higher limit to watch our for.

The limit for employee contributions to a 401(k) in 2024 is $23,000 for those under 50. Regular iras, which you can use in conjunction with a solo 401(k), are limited to just $7,000 in contributions for 2024, up from $6,500 in 2023.