[Answer] Who would be allowed catch-up contributions in a qualified plan?

Answer: individuals who are age 50 and older

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Who would be allowed catch-up contributions in a qualified plan? 401k Plan Catch up Contribution Eligibility | Internal ... Catch-Up Contribution Definition 401k Plan Catch up Contribution Eligibility | Internal ... Catch-Up Contribution - Investopedia A catch-up contribution is generally an elective deferral made by a catch-up eligible participant that exceeds a statutory limit a plan-imposed limit or the ADP limit (an “applicable limit”). A statutory limit is a legal limitation on the amount of contributions that can be made to a plan. Age-50 catch-up contributions are possible in 401(k) 403(b) and 457 plans and IRAs with the rules differing among plans. The provision focus on the 401(k) rules. First prior to deciding to make catch up contributions understand that you can only make an age-50 catch-up contribution if … Individuals who are age 50 or over at the end of the calendar...

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