Catch Up 401k 2024 . Miller explained a bit about the strategy behind using a 401 (k) to help a person make up some ground on. Those 50 and older can contribute an additional $7,500.
This limit will likely be adjusted. 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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