Irs 2024 Max 401k Contribution Limits

Irs 2024 Max 401k Contribution Limits. Please note that this calculator is only intended for sole proprietors (or llcs taxed as such). Employees 50 or older can contribute up to $30,500 with.

In 2024, employers and employees together can contribute up to $69,000, up from a limit of $66,000 in 2023. $19,500 in 2020 and 2021 and $19,000 in 2019), plus $7,500 in 2023;