2024 401k Contributions Catch Up Over 55

2024 401k Contributions Catch Up Over 55. If you are 50 or older, you can make an additional 401 (k) contribution of $6,500 a year. Those 50 and older can contribute an additional.


2024 401k Contributions Catch Up Over 55

For 2024, the maximum you can contribute to a simple 401 (k) is $16,000. Employees can contribute up to $23,000 to their 401(k) plan for 2024 vs.

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