2024 401k Contribution Limit Calculator Employer

2024 401k Contribution Limit Calculator Employer. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โ€™s $22,500 to $23,000 for 2024. Solo 401 (k) contribution calculator.


2024 401k Contribution Limit Calculator Employer

Please note that this calculator is only intended for sole proprietors (or llcs taxed as such). In 2024, the combined limit both you and your employer can contribute to your plan cannot exceed $69,000 or 100% of employee compensation, whichever is less.

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