What Is 401k Catch Up For 2024 . In total, qualifying adults can save up to $30,500 per year. Workers ages 50 and older have a higher annual 401 (k) contribution limit than their younger peers.
In 2024, employees can contribute up to $23,000 in their traditional and roth 401(k). 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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