2024 Catch Up Contribution 401k Over 55

2024 Catch Up Contribution 401k Over 55. Workers ages 50 and older can make an additional annual contribution to their 401(k) plan, over and above the standard. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.


2024 Catch Up Contribution 401k Over 55

Workers who contribute to a 401(k), 403(b), most 457 plans and the federal government’s thrift savings plan can contribute up to $23,000 in 2024, a $500 increase. More people will be able to make contributions to roth.

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