2024 401k Catch Up Amount Over 50
2024 401k Catch Up Amount Over 50. Workers ages 50 and older have a higher annual 401 (k) contribution limit than their younger peers. Starting in 2024, the $1,000 amount will be adjusted annually for inflation just like the.
Contact the 24/7 wall st. In 2024, you’re able to contribute an additional $7,500 to a 401 (k) each year, so long as you’ve made your contributions by the end of the calendar year.