401k 2024 Max Contribution Calculator

401k 2024 Max Contribution Calculator. In 2024, people under age 50 can. Please note that this calculator is only intended for sole proprietors (or llcs taxed as such).

For 2024, the solo 401 (k) maximum contribution limit for the elective deferral is $23,000 if you’re age 50 and under. It shows how much you’re getting paid and how much you’re contributing.