401k Catch Up 2024. Introduced on sep 23, 2024. Fidelity recommends a savings rate of at least 15%, inclusive of any employer match, but gen xers who have nothing saved for retirement so far may need to double.

For instance, you can contribute up to $23,000 to a 401 (k) by the last business day of 2024. However, beginning in 2026, you’ll need to make under $145,000 to be.