2024 401k Catch Up Provision

2024 401k Catch Up Provision. When the american retirement association discovered a glitch in the text of the secure 2.0 act of 2022 last week that—if not fixed—would eliminate the ability for. The contribution limit is $23,000 for 2024.


2024 401k Catch Up Provision

So, for some time, people over 50 could contribute more to their 401(k), 403(b), or whatever to catch up. In 2024, you’re able to contribute an additional $7,500 to a 401 (k) each.

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