Question: Charlene makes $ 2 , 0 0 0 in catch - up contributions to her 4 0 1 ( k ) plan in TY 2

Charlene makes $2,000 in catch-up contributions to her 401(k) plan in TY2024. She earns a salary of $165,000 per year. What will be the nature of her catch-up contributions for the year?

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