Maximum 401 K Contribution Limit 2024 Self Employed

Maximum 401 K Contribution Limit 2024 Self Employed. 2 here’s how those contributions. A limit applies to the amount of annual compensation you can take into account for determining retirement plan.


Maximum 401 K Contribution Limit 2024 Self Employed

In 2024, the maximum amount that can be contributed to an individual’s 401(k) account is $69,000, up from $66,000 in 2023. The maximum limit went from $66,000 in 2023 to $69,000 in 2024.

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