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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 ...
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 ...
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.
In 2025, retirement savers aged 50 and over can still make a catch-up contribution of $7,500, bringing their total potential 401(k) contribution to $31,000. If you're at least 50 or turning 50 ...
Catch-up contributions are extra contributions that you can make above and beyond the standard limit once you have reached the age of 50. For many workers in this category, the 401(k) limit ...
Contribution limits for 401(k) and other workplace retirement plans rise for 2025. Sixty- to 63-year-olds get a super contribution for the first time. ... In plans offering catch-up contributions ...
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