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.
Looking for the latest info on 401(k) contributions in 2024 & 2025? Here are the limits for 2024 and 2025, how you can ...
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 ...
New SECURE 2.0 provisions for auto-enrollment and catch-up contributions kicked in ... SECURE 2.0 provision requiring newly-established 401(k) and 403(b) plans to automatically enroll eligible ...
If you’re feeling behind on retirement savings, you can make higher 401(k) plan deferrals and catch-up contributions for 2025 ...
Beginning in 2024, the SECURE Act 2.0 will index IRA catchup contribution limits for inflation, making it likely that higher ...
With a new year often comes tax changes, and those who save money in tax-advantaged retirement accounts like IRAs and 401(k) ...
Starting in 2025, you can boost your 401(k) plan with higher deferral limits and catch-up contributions for some older workers. Many plans also have a "true-up" feature, which allows workers to ...
Older workers saving for retirement can boost their 401(k) contributions in 2025 thanks to a new "super funding" option.