Catch Up For 2024 Taxes

Catch Up For 2024 Taxes. If permitted by the 403 (b) plan, employees who are age 50 or over at the end of the calendar year can also make catch. A 403 (b) plan is a retirement plan maintained by a 501 (c) (3) organization, minister, or public.


Catch Up For 2024 Taxes

Those 50 and older can contribute an additional $7,500.  โ€” the 2024 contribution limit for 401(k) plans is $23,000, up from $22,500 in 2023.

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