401k 2024 Maximum Contribution 2024

401k 2024 Maximum Contribution 2024. The 401 (a) compensation limit (the amount of earned income that can be used to calculate retirement account contributions) will increase from $345,000 in 2024. For the tax year 2024, the maximum solo 401k contribution is:

For 2024, you can contribute up to $69,000 to your solo 401 (k), or $76,500 if you’re 50 or older. 401 (k) contribution limits for 2024.