Solo 401k Contribution Limits 2024 Irs. A limit applies to the amount of annual compensation you can take into account for determining retirement plan contributions. In a solo 401(k), contributions can be made in both capacities, as an employee and as.
The irs scrutinizes high meal expenses, and excessive amounts can be disallowed. The 401(k) contribution limit for 2024 is $23,000 for employee contributions, and $69,000 for the combined employee and employer contributions.
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