401k Catch Up 2024 Rules 2024
401k Catch Up 2024 Rules 2024. The maximum that an employer and employee can contribute together is $69,000 in 2024. โ the 401 (k) contribution limits for 2024 are $23,000 for individuals under 50, and $30,500 for those 50 and older.
So, owners of these roth 401 (k) accounts no longer have to take rmds. The maximum employee contribution limit for a solo 401 (k) is $23,000 or 100% of your income in 2024, whichever is less.