401k Limits 2024 Catch Up Age. Employees 50 or older can. Specifically, individuals who are at least 50 years old and earning.
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. The 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.
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