Maximum Individual 401k Contribution 2024. Max out your free money. Most employers that offer 401 (k).
For 2024, the solo 401(k) maximum contribution limit for the elective deferral is $23,000 if you’re age 50 and under. The 401 (k) contribution limit is the maximum amount an individual can contribute to their 401 (k) retirement account in a calendar year without facing tax.