Solo 401k Contribution Limits 2024 Calculator Fidelity

Solo 401k Contribution Limits 2024 Calculator Fidelity. They have the highest contribution limits, and calculating your contribution limit can be rather complicated. For 2024, you can contribute up to $69,000, or $76,500 if you're 50 or older.

For 2024, the solo 401(k) maximum contribution limit for the elective deferral is $23,000 if you’re age 50 and under. 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).