Solo 401k Contribution Limits 2024
Solo 401k Contribution Limits 2024. Because an individual business owner is acting as both an employee and employer when using a solo 401(k), the total contribution limit is up to $69,000 for 2024. For 2023, the solo 401 (k) contribution limits are $66,000 or $73,500 if you are at least age 50. Employers can contribute…