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The catch-up contribution limit that applies to employees aged 50 and up enrolled in most 401(k), 403(b), governmental 457 plans and the Thrift Savings Plan will remain at $7,500 for 2025. Workers ...
Starting in 2025, the IRS has considerably increased the catch-up contribution on 401(k)s for those between the ages of 60 and 63. The change applies to 401(k)s, 403(b)s, governmental 457 plans ...
The SECURE 2.0 Act modifies catch-up contributions for participants in 403(b), 457(b), and 401(k) plans. Catch-up contributions apply to anyone turning 50 years old or older in a given year.
Now the general catch-up contribution for 401(k)s is staying the same at $7,500 in 2025. So for many savers aged 50 and over, the maximum 401(k) contribution in the new year will be $31,000. But ...
Some retirement savers can make larger 401(k) contributions in 2025 thanks to an obscure change made in the SECURE 2.0 act. ... A substantially higher "catch-up" contribution for 401(k) plans ...
The challenges with catch-up contributions. Considering the EPI research shows those between 55 and 64 tend to have around $10,000 set aside in retirement funds, super catch-up contributions could ...
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