Catch Up Contribution To 401k 2024

Catch Up Contribution To 401k 2024. If you're age 50 or older, you're. In 2024, you’re able to contribute an additional $7,500 to a 401 (k) each year, so long as you’ve made your contributions by the end of the calendar year.

If you’re age 50 or older, you get to benefit from higher contribution limits to help your retirement accounts catch up. Employees can contribute up to $23,500 to their 401 (k) plan for 2025 vs.