Katha Maurene

2024 Contribution Limits 401k Irs. As of 2023, individual employees have a 401 (k) contribution limit of $22,500, allowing them to contribute this amount annually to their 401 (k) account on a. For 2024, the 401 (k) contribution limit for employees is $23,000, or $30,500 if you are age 50 or older.

Irs rules for solo 401k contributions can seem complex. For those with a 401(k), 403(b), or 457 plan through an employer, your new maximum contribution limit.