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What Is 2024 401k Catch Up Contribution Limit
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What Is 2024 401k Catch Up Contribution Limit. Workers ages 50 and older can make an additional annual contribution to their 401(k) plan, over and above the standard $23,000 limit for 2024 or the $23,500 limit for 2025. This limit will likely be adjusted higher for 2024.
Workers ages 50 and older can make an additional annual contribution to their 401(k) plan, over and above the standard $23,000 limit for 2024 or the $23,500 limit for 2025. Specifically, individuals who are at least 50 years old and earning more than.
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