2024 401k Limits Catch Up Over 50 Over 55. Employees age 50 or older are eligible to contribute an additional $1,000, for a total of $8,000. This provision allows older individuals to contribute.
Learn about the 2024 contribution limits for different retirement savings plans including 401k,. Employees can now defer up to $23,000 into 401 (k) plans for 2024, with an extra $7,500 for workers age 50 and older.
2024 401k Limits Catch Up Over 50 Over 55 Images References :
About the author