Solo 401 K Contribution Limits 2024 In India

Solo 401 K Contribution Limits 2024 In India. While much of the solo 401(k) rules and regulations mirror those of the standard 401(k), there is a difference between the contribution limits in the two plans. The 401 (k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.

For 2024, you can contribute up to $69,000 to your solo 401 (k), or $76,500 if you’re 50 or older. And the limit goes up to $66,000 in 2023.