2024 Max 401k Contribution Calculator. Please note that this calculator is only intended for sole proprietors (or llcs taxed as such). This calculator will calculate the maximum contribution that an individual is able to make to a solo 401(k).
This depends on the level of earnings from the business, as well as other factors. During the 2023 tax year, the 401(k) contribution limit was $500 lower at $22,500.
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