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SmartAsset on MSN.com · Dec 10, 2024

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

This provision specifically targets those nearing retirement age, offering them a larger catch-up amount compared to the regular catch-up contribution available for individuals aged 50 and above.

Kiplinger · Jan 10, 2024

Roth 401(k) Contribution Limits for 2025

bringing the total amount to $31,000. Plus, under a change made by SECURE 2.0, a higher super catch-up contribution limit applies to people aged 60, 61, 62 and 63 who have a Roth 401(k).

SmartAsset on MSN.com · 1d

Are Catch-Up Contributions Worth It at Age 55 With $1.2 Million in My 401(k)?

Catch-up contributions are designed to help people save extra money in tax-advantaged retirement accounts once they hit age 50. For many savers who are behind on their retirement savings goals, catch-up contributions represent a not-to-be-missed second chance at securing a more comfortable retirement.

U.S. News Money on MSN.com · 8d

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.

The Motley Fool · Sep 4, 2018

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

These are the same as other regular employee contributions, but you may need to raise the deferral amount from your paycheck to your 401(k). Catch-up contributions are taxed in the same as normal ...

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

The amount transferred (not adjusted for any ... need to be on a Roth basis in order to satisfy the Roth catch-up rule. If the 401(k) recordkeeper is not able to track OHPE status and ...

Forbes · Jun 11, 2024

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

In this article I’ll help answer some important questions about these investment vehicles and how to think about them over the course of a career. I’ve aggregated 401(k) data

U.S. News & World Report · Feb 17, 2023

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

The SECURE 2.0 Act brings changes that will allow for higher catch-up contributions to retirement plans. The amount you can set aside for retirement will depend on your age, income and type of ...

‘Super catch-up’ contributions for retirement plans

Physicians older than 50 years are probably already familiar with catch-up contributions. These are extra amounts physicians aged 50 years or older are allowed to contribute to their 401(k), 403(b ...

Kiplinger · Mar 13, 2025

The Eight Key Milestone Ages in Retirement

SIMPLE plan catch-up amounts. The catch-up contribution limit for employees 50 and over who participate in SIMPLE 401(k) plans remains $3,500 for 2024. So the total you can contribute is $19,500 ...

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

As you age, you have less time for your retirement investments to potentially grow, but you can also often contribute more to your retirement accounts. Normally, those who are 50 or over

Forbes · Jun 11, 2024

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

Contributing a higher percentage of an individual’s salary results in a higher amount of compounded ... Automating 401(k) contributions can be an effective way to catch up because it is a ...

WTOP News · 8d

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

The tax deduction of these catch-up contributions could save ... that not everyone needs to save this high of an amount to support their lifestyle in retirement,” Tierney said.

Yahoo Finance · 8d

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

That extra amount could mean having over $100 extra ... For those with traditional 401(k)s, the super-catch up limit “gives pre-retirees a tremendous opportunity to defer additional taxes ...