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2. How to Take Advantage of 401(k) Catch-Up Contributions - AOL

   www.aol.com/news/advantage-401-k-catch...

   The tax deduction you can claim on these catch-up contributions could save you over $1,000 on your annual tax bill. Workers can defer paying income tax on as much as $19,500 that they contribute ...

3. The US government just introduced ‘super’ 401(k) catch-up ...

   www.aol.com/finance/us-government-just...

   Since 57.2% of employees nearing retirement contribute to a 401(k), according to the same EBI report, it could mean not as many take advantage of the catch-up contribution anyway.

4. 401(k) - Wikipedia

   en.wikipedia.org/wiki/401(k)

   Employees who are at least 50 years old at any time during the year are now allowed additional pre-tax "catch up" contributions of up to $6,000 for 2015–2019, and $6,500 for 2020–2021. [40] [37] The limit for future "catch up" contributions may also be adjusted for inflation in increments of $500. In eligible plans, employees can elect to ...

5. How much should you contribute to your 401(k)? - AOL

   www.aol.com/finance/much-contribute-401-k...

   The IRS places contribution limits on 401(k)s: For 2024, the contribution limit is $23,000, with an additional $7,500 allowed in catch-up contributions for workers who are age 50 or older.

6. Next year, you can put more money away for retirement ... - AOL

   www.aol.com/next-put-more-money-away-174033494.html

   The IRS this week announced it was raising the 401(k) contribution limit to $23,000, up from $22,500 currently. ... you will be allowed to put away an additional $7,500 in “catch-up ...

7. 401(k) Matching: What It Is and How It Works - AOL

   www.aol.com/finance/401-k-matching-works...

   A unique feature of 401(k)s could let you boost your savings without paying more in. Find out how an employer 401(k) match can add free money to your account. 401(k) Matching: What It Is and How ...