What Is 401k Catch Up For 2024 . — adults 50 and older can contribute an additional $7,500 to their 401 (k) plans in 2024. Employees can invest more money into 401 (k) plans in 2024, with contribution limits increasing from 2023’s $22,500 to $23,000 for 2024.
However, other irs updates may impact your retirement plan. In 2023, this rises to $22,500.
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