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Maximum 401k Contribution 2024 Over Inflation. This is an increase from the $22,500 limit in 2023, reflecting the irs's adjustment. For 2024, the solo 401(k) maximum contribution limit for the elective deferral is $23,000 if you’re age 50 and under.
The 401(k) contribution limit for 2024 is $23,000. In 2023, this rises to $22,500.
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