What Is 401k Catch Up For 2024. Those 50 and older can contribute an additional $7,500. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.
If you are 50 or over and eligible to. Beginning in 2024, workers will be allowed to contribute up to $23,000 to their 401(k), an increase of $500 from this year.
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