The additional $7,500 that workers 50 and older are eligible to contribute to a 401 (k) is known as a catch-up contribution. A SECURE 2.0 Act rule change that went into effect Jan. 1 now enables ...
Workers in their early 60s can contribute nearly $35,000 to a 401(k) in 2025. It raises new tax questions, though.
Older workers who weren't able to save as much for retirement as they wanted to when they were younger may be able to make up ...
Looking for the latest info on 401(k) contributions in 2024 & 2025? Here are the limits for 2024 and 2025, how you can ...
If you're eager to save more for retirement, you could be overlooking ways to maximize your 401(k) plan, including key ...
employees aged 60-63 can contribute an extra $11,250 to their 401(k)s through the Super Catch-Up Contribution. This is a significant increase from the previous limit of $7,500. Here are all the ...
Provisions of the Secure 2.0 Act took effect Jan. 1, but regulators only last week proposed rules to govern new automatic ...
Under SECURE 2.0, participants earning $145,000 or more are required to make catch-up retirement contributions via Roth rules ...
With a new year often comes tax changes, and those who save money in tax-advantaged retirement accounts like IRAs and 401(k) ...
Older workers saving for retirement can boost their 401(k) contributions in 2025 thanks to a new "super funding" option.
As we step into 2025, there's some encouraging news for retirement savers. With new contribution limits in place, this year ...