2024 401k Contribution Limit Catch Up Date
2024 401k Contribution Limit Catch Up Date. Another benefit of a solo 401(k) is its generous contribution limit. Workers ages 50 and older have a higher annual 401 (k) contribution limit than their younger peers.
If you are age 50 or over in 2023 or 2024, you can contribute up to an additional $7,500. Consider the limit for ira contributions for.