Catch-up contributions have always been a powerful way for people in their 50s and early 60s to turbocharge retirement ...
On January 10, 2025, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued proposed regulations regarding the provisions of the SECURE 2.0 Act of 2022 (“SECURE ...
Starting the year you turn 50, you can increase retirement contributions by an amount set by the IRS. Many, or all, of the products featured on this page are from our advertising partners who ...
In January 2026, the new Roth catch-up rules take effect. The mandate prevents workers over 50 who earned more than $150,000 the prior year from making pre-tax catch-up contributions to their 401(k).
Seyfarth Synopsis: New proposed regulations issued by The Department of Treasury and IRS provide guidance on the provisions related to catch-up contributions that were included under SECURE 2.0 Act of ...
You can contribute more to your 401(k) beginning at age 50 Fact checked by Vikki Velasquez Reviewed by Khadija Khartit If your employer offers a 401(k) plan, this can be a very effective way of saving ...