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Solo 401 K Contribution Limits 2024 Catch Up. The irs typically increases contribution limits every couple years as a “cost of living”. The irs maximum contribution to a solo 401k is $66,000 for 2023 (or $73,500 for those over age 50) and $69,000 for 2024 (or $76,500 for those over age 50).
In 2024, employers and employees together can contribute up to $69,000, up from a limit of. The total contribution limit for a solo 401(k) as both employer and employee is $66,000 for 2023, and $69,000 for 2024, or 25% of your adjusted gross income,.
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