Quote:
Originally Posted by cmccuist
It's $17,000 now but you get an additional $5,000 "catch up" contribution if you are over 50, so you can put in $22,000. And your employer can match that or contribute to it as well...
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To be precise, you can start "catch up" the calendar year you turn 50...so if you turn 50 on Dec 29th (for example), you can start investing the extra amount on Jan 1 of that year.
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