Solo 401 K Contribution Limits 2024. The irs sets the maximum that you and your employer can contribute to your 401 (k) each year. — in 2024, the maximum amount that can be contributed to an individual’s 401 (k) account is $69,000, up from $66,000 in 2023.
You can make solo 401 (k) contributions as both the employer and. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.