Max 401k Contribution 2024 Calculator Employer Match

Max 401k Contribution 2024 Calculator Employer Match. The contribution from the employer does not have a limit except for the fact that it must not be above the lesser of either: However, there is a limit that applies to total contributions, meaning the sum of the employee portion and employer match.

For tax year 2023 (filed by april 2024), the contribution limit is $22,500. Total contributions to a solo 401 (k) cannot exceed $69,000 or $76,500 for those at least aged 50.