News

SmartAsset on MSN.com · Dec 10, 2024

Super Catch-Up Contribution Limits for 401(k)s in 2025

The SECURE 2.0 Act introduced a new provision known as the “super catch-up” for individuals aged 60 to 63, allowing them to contribute more to their 401(k) accounts starting in 2025.
Icon for www.waff.comWAFF · 29d

New 2025 super catch-up rules could help you save more for retirement

(WAFF) - If you’re behind on retirement savings, 2025 could be your year to catch up — in a ... Not all plans will automatically offer the Super Catch-Up. “There is a caveat — it’s plan-specific,” Clay said. “You need to check with your ...
Icon for www.healio.comHealio · 10d

‘Super catch-up’ contributions for retirement plans

Mandell, JD, MBA, and Bob Peelman Beginning in 2025, individuals aged 60 to 63 years are able to make enhanced “super catch-up” contributions to their retirement plans thanks to provisions in ...
U.S. News Money on MSN.com · 9d

How to Take Advantage of 401(k) Catch-Up Contributions

The 401 (k) contribution limit increased from $23,000 in 2024 to $23,500 in 2025. The catch-up contribution limit remained at $7,500 for 2024 and 2025. As of 2025, individuals ages 60 to 63 will be able to make even higher catch-up contributions in employer plans, equal to 150% of the catch-up contribution limit for individuals age 50 and older.
Kiplinger on MSN.com · Mar 17, 2025

401(k) Super Catch-Ups: Are They Right for You?

If you will be 60 to 63 in 2025, a super catch-up contribution may be just the retirement planning hack you need. It's an effort by the Government to address Americans' retirement savings problem ...
JD Supra · 7d

IRS Proposes Changes to 401(k) Catch-Up Contributions

Our Employee Benefits & Executive Compensation Group discusses what plan sponsors and fiduciaries need to know about the Internal Revenue
Icon for www.kiplinger.comKiplinger · Jan 10, 2024

Roth 401(k) Contribution Limits for 2025

The maximum amount you can contribute to a Roth 401(k) in 2025 is $23,500 (if you're younger ... Plus, under a change made by SECURE 2.0, a higher super catch-up contribution limit applies to ...
Icon for www.fool.comThe Motley Fool · Sep 4, 2018

Using 401(k) Catch-Up Contributions to Increase Your Savings

Catch-up contributions are extra retirement account contributions that those 50 and older can make each year. People younger than 50 may contribute up to $23,000 in 2024 and $23,500 in 2025 to ...
Icon for finance.yahoo.comYahoo Finance · 8d

3 Ways Super Catch-Up Contributions Can Help You Boost Your 401(k) and Retire Sooner

This would bring their grand total employee deferral limit to $34,750 for the calendar year 2025 ... super catch-up along with it,” Kampitsis said. Being able to save more in a 401(k ...
Icon for www.morningstar.comMorningstar · Jan 23, 2025

7 Retirement Must-Knows for 2025

If you are a super saver ... get to put inasmuch as $34,750 starting in 2025. It’s a good opportunity if you’re playing catch up with your retirement plan contributions to take advantage ...
Icon for www.fool.comThe Motley Fool · Feb 8, 2025

How Much Can You Contribute to a Solo 401(k)?

Solo 401(k) allows business owners with no employees to set aside up to $70,000 in 2025. Additional catch-up contributions up to $11,250 are available for certain age groups. Self-employment tax ...
Icon for money.usnews.comU.S. News & World Report · Feb 17, 2023

New Opportunities to Make 401(k) and IRA Catch-Up Contributions

If you are 50 or older, you can defer paying income tax on $30,000 in your 401(k) plan. Beginning in 2025, the SECURE 2.0 law increases the catch-up contribution limits for certain ages.
Icon for www.kiplinger.comKiplinger · Oct 30, 2023

SIMPLE IRA Contribution Limits for 2025

There is no super catch-up contribution for traditional ... retirement plans The Roth 401(k) contribution limit for 2025 increased, and workers who are 50 and older can save even more.
Icon for www.forbes.comForbes · Jun 11, 2024

Average 401(k) Balance By Age And How To Catch Up

Automating 401(k) contributions can be an effective way to catch up because it is a “set it and forget it” tactic that removes the need for manual adjustments and helps overcome the ...
Icon for finance.yahoo.comYahoo Finance · 25d

The Unfortunate Truth About Maxing Out Your 401(k)

The most anyone can contribute to their 401(k) in 2025 is $23,500. If you're 50 or older, you can add a $7,500 catch-up contribution, bringing the limit to $31,000. Beginning this year ...
Icon for www.waff.comWAFF · 29d

New 2025 super catch-up rules could help you save more for retirement

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Icon for uk.finance.yahoo.comYahoo Finance · 16d

3 Ways Super Catch-Up Contributions Can Help You Boost Your 401(k) and Retire Sooner

This would bring their grand total employee deferral limit to $34,750 for the calendar year 2025,” explained ... bringing the super catch-up along with it,” Kampitsis said. Being able to save more in a 401(k) can provide substantial tax advantages.