What additional requirement is there for employee contributions to a 401(k) regarding age?

Employee contributions to a 401(k) plan must be made by all employees, regardless of age. This requirement aligns with the regulatory framework that governs 401(k) plans, which allows any eligible employee to participate in the plan and make contributions based on their own financial circumstances and the plan's specific rules.

By ensuring that all employees can contribute, the 401(k) system promotes broader participation in retirement savings, helping individuals prepare for their financial future irrespective of their age. This inclusivity is essential for encouraging savings among younger workers, as well as providing older employees a chance to continue contributing to their retirement nest egg.

While certain benefits or contribution limits may be structured differently for older employees—such as catch-up contributions for those aged 50 and over—there are no restrictions that prevent any employee from contributing based solely on their age. This principle of equal access to contribution opportunities supports the aim of making retirement savings more attainable for a diverse workforce.