401k Catch Up Contribution 2024. Workers ages 50 and older can make an additional annual contribution to their 401(k) plan, over and above the standard. For 2022, any employee of any age saving for retirement through a 401 (k), 403 (b), most 457 plans, or the federal government's thrift savings plan can contribute.
The overall 401(k) limits for. Employees can invest more money into 401(k) plans in 2024, with contribution limits increasing from 2023โs $22,500 to $23,000 for 2024.
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