401k 2024 Tax Year Limit Worksheet. Here are the latest income tax slabs that will be effective for the current financial year after budget 2024. In 2024, you can contribute up to $23,000 a year to a 401(k) plan.
Total contributions to a solo 401 (k) cannot exceed $69,000 or $76,500 for those at least aged 50. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
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