2024 401k Catch Up Contribution Amount Over 50

2024 401k Catch Up Contribution Amount Over 50. 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. Contact the 24/7 wall st.


2024 401k Catch Up Contribution Amount Over 50

The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023. The average american with a bachelor’s degree earns about $2.3 million over their lifetime.

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