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 ...

The additional $7,500 that workers 50 and older are eligible to contribute to a 401 (k) is known as a catch-up contribution.

With regard to SECURE 2.0' s new catch-up provision, the IRS and the Treasury won’t allow employers to require that plan ...

This year, older workers will have ways to save more for retirement, spend less on medicine and see other ways to improve ...

With a new year often comes tax changes, and those who save money in tax-advantaged retirement accounts like IRAs and 401(k) ...

Workers in their early 60s can contribute nearly $35,000 to a 401(k) in 2025. It raises new tax questions, though.

The IRS also gave older workers the greenlight to increase retirement savings using catch-up contributions. Employees over 50 can make catch-up contributions of up to $7,500, while those age 60 to 63 ...

Older workers saving for retirement can boost their 401(k) contributions in 2025 thanks to a new "super funding" option.

(k) changes in 2025 include boosted contribution limits to help combat fears of falling behind on retirement savings.

Under SECURE 2.0, participants earning $145,000 or more are required to make catch-up retirement contributions via Roth rules ...