For the 2025 tax year, individuals age 50 or older may be eligible to make an additional catch-up contribution of up to $7,500 to a 401(k) account, if permitted under the plan.

Authors

• Person: Not available Organization: Morgan Stanley
  Tax-Efficient Investing: Helping Keep Returns | Morgan Stanley

Sources

• Tax-Efficient Investing: Helping Keep Returns | Morgan Stanley www.morganstanley.com Morgan Stanley via serper

Referenced by nodes (1)

• 401(k) account concept