Roth 401(k) Contribution Limits for 2024 and 2025
For 2024, employees can contribute the $23,000 standard contribution limit to a Roth 401(k) and an additional $7,500 catch-up limit for those 50 and older. The base contribution limit for 2025 is ...
News
JD Supra · 6dIRS 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
IRS Announces Administrative Transition Period for New Roth Catch‑up Requirement; Catch-up Contributions Still Permitted After 2023
Under that provision, starting in 2024, the new Roth catch-up contribution rule applies to an employee who participates in a 401(k), 403(b) or governmental 457(b) plan and whose prior-year Social ...
TheStreet on MSN.com · 4dTony Robbins sends strong message on Roth 401(k)s, Roth IRAs
Tony Robbins, the author, motivational speaker and philanthropist, has a steadfast belief in the importance of Roth 401(k)s and Roth IRAs in American workers' retirement savings and he explains some major financial reasons why.
MarketWatch on MSN.com · 5dWhy your Roth 401(k) match from work doesn’t go into a tax-free account yet
More than 82% of large employers offer a Roth 401(k) option to employees, which means workers can pay tax now on their income and sock away their savings tax-free for the rest of their life. But only 0.
Using 401(k) Catch-Up Contributions to Increase Your Savings
Making the maximum catch-up increases retirement savings significantly by age 67. Contributions to a Roth 401(k) are taxed now, offering tax-free withdrawals later. Key findings are powered by ...
U.S. News Money on MSN.com · 8dHow 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.
Roth IRA Contribution Limits for 2025
Roth IRAs are a great way to save for retirement, allowing you to contribute ... you can add an extra $1,000 per year in "catch-up" contributions, bringing the total contribution to $8,000.
‘Super catch-up’ contributions for retirement plans
Therefore, individuals should consult with their plan administrators to determine if their specific retirement plan offers the super catch-up provision. The SECURE 2.0 Act also introduces a Roth ...
New Opportunities to Make 401(k) and IRA Catch-Up Contributions
Individuals who are age 50 or older will soon have new opportunities to save more for retirement. The SECURE 2.0 Act brings changes that will allow for higher catch-up contributions to retirement ...
I'm 50 With $650k in My 401(k). Should I Pivot to Roth Contributions?
As of 2025, that limit is $7,000 per year, with an additional $1,000 per year in catch-up contributions allowed for those aged 50 and over. Roth 401(k)s share the same limit as all 401(k ...
Wondering if you should convert your tax-deferred retirement savings to a Roth? Here’s what to consider
The catch: You will have to pay the income tax owed ... Or, if your income is low enough, you can start your own Roth IRA. 3. Will your taxes go up in retirement? Trick question. The only truly correct answer is “Who knows?” But, based on the tax ...
AOL · 15d3 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
The Pantagraph · 9dRuedi: Whan plan sponsors need to know about Roth 401(k)
Plan sponsors can help employees take advantage of one of the most powerful retirement planning tools available today.
Roth 401(k) Contribution Limits for 2025
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). Starting this year, this higher catch-up ...
Wondering if you should convert your tax-deferred retirement savings to a Roth? Here’s what to consider
The catch: You will have to pay the income ... Or, if your income is low enough, you can start your own Roth IRA. 3. Will your taxes go up in retirement? Trick question. The only truly correct ...
3 Ways Super Catch-Up Contributions Can Help You Boost Your 401(k) and Retire Sooner
the super-catch up limit “gives pre-retirees a tremendous opportunity to defer additional taxes that they may withdraw at a lower tax bracket later,” Kampitsis said. If you have a Roth 401(k ...