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2. Is It Worth Making 401(k) Catch-Up Contributions or Should ...

   www.aol.com/worth-making-401-k-catch-110030197.html

   Individuals over 50 at the end of the calendar year can make annual 401 (k) catch-up contributions up to $7,500 for 2024. With the 401 (k) contribution limit at $23,000 for 2024, eligible ...

3. Top 9 reasons to make 401(k) catch-up contributions - AOL

   www.aol.com/finance/top-9-reasons-401-k...

   The 401(k) contribution limit for 2024 is $23,000, ... The passage of SECURE Act 2.0 at the end of 2022 made a few changes to catch-up contributions. Here are the key changes:

4. 401(k) contribution limits in 2023 and 2024 - AOL

   www.aol.com/finance/401-k-contribution-limits...

   401(k) plan limits. 2023. 2024. Change. Maximum salary deferral for workers. $22,500. ... (Again, those aged 50 and older can also make an additional catch-up contribution of $7,500 in 2024 and ...

5. How saving for retirement is changing in 2024 [Video] - AOL

   www.aol.com/finance/saving-retirement-changing...

   The IRA catch‑up contribution limit for individuals aged 50 and over was amended under the Secure 2.0 Act of 2022 to include an annual cost‑of‑living adjustment but remains $1,000 for 2024.

6. 5 retirement savings changes coming in 2024 - AOL

   www.aol.com/5-retirement-savings-changes-coming...

   The Secure 2.0 Act will allow 529 college savings plan owners to use some unused funds for the beneficiary’s retirement beginning in 2024, but there are several important rules. “In general ...

7. 4 Reasons It’s a Good Idea To Catch-Up Contributions ... - AOL

   www.aol.com/4-reasons-good-idea-catch-210008284.html

   2024 401(k) Catch-up Limit: $7,500 Combining the standard contribution limit and the catch-up limit, you can save a total of $30,500. This is a significant percentage of the average worker’s salary.

8. I'm 55 With $1.2 Million in My 401(k). Would Catch-Up ... - AOL

   www.aol.com/finance/im-55-1-2-million-113000717.html

   A 55-year-old with $1.2 million saved in a 401 (k) probably may forgo their catch-up contributions if they feel comfortable with the potential income their savings will generate in retirement ...

9. Economic Growth and Tax Relief Reconciliation Act of 2001

   en.wikipedia.org/wiki/Economic_Growth_and_Tax...

   The so-called "catch-up" provision allows employees over the age of 50 to make additional contributions to their retirement plans over and above the normal limits. For workers who are already retired, the law raises the age for minimum required distributions (MRDs), directing the Treasury to revise its life expectancy tables and simplify MRD rules.