2024 401k Catch Up Provision

2024 401k Catch Up Provision. Every year, by regulation, the irs revises how much you can contribute to your retirement plan that year. If you participate in a.

Workers ages 50 and older have a higher annual 401 (k) contribution limit than their younger peers. In 2024, if you’re still working, you can make a maximum annual contribution of $23,500 to your employer’s retirement plan.