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New SECURE 2.0 Super 401(k) Catch-Up Contribution for Ages 60-63. ... The SECURE 2.0 Act has significantly changed retirement savings rules in recent years. Those changes include but aren’t ...

SECURE 2.0 requires higher earners to put their catch-up retirement savings in a Roth 401(k). ... known as a catch-up contribution. For 2025, the catch-up contribution is an extra $7,500 on top of the $23,500 limit for everyone else, for a total limit of $31,000. ... The IRS' pro-rata rule requires you to include all your traditional IRA assets ...

Increased Catch-Up Contributions for Ages 60-63. Section 109 of SECURE 2.0 increases the catch-up limit for individuals aged 60-63 to the greater of $10,000 or 150% of the regular catch-up limit ($11,250 for 2025). Key details include: Age Range: The enhanced limit applies from the year an individual turns 60 until the year they turn 64.

Catch-up contributions increased in 2025 for 401(k), 403(b), governmental plans, and IRA account holders for employees between the ages of 60 and 63. The legislation enacted in the SECURE 2.0 Act provides a slate of changes that could help strengthen the retirement system—and Americans' financial readiness for retirement.

Starting in 2025, employees aged 60 to 63 years old who participate in one of those work plans have a higher catch-up contribution limit. That cap is $11,250, instead of $7,500.

For 2025, the max catch-up contribution is $11,250. In 2025, the total limit for 401(k) contributions for those aged 60 to 63 is $34,750. That number includes a $23,500 contribution limit and a ...

The rules for 401(k) plans are undergoing significant changes for 2025. ... Older workers are eligible for additional catch-up contributions. For 2025, the annual limits are: Workers under 50 ...

(That’s because of a 10% bump-up to the SIMPLE IRA contributions that became effective in 2024.) The 2025 age 50-or-older catch-up is $3,500 for larger plans where the employer hasn’t agreed to make the higher contribution. So, for 2025, there are three SIMPLE IRA catch-up contribution limits. 12. Why are the SIMPLE IRA catch-up rules so un ...

Super Catch-Up Contributions for Ages 60-63. Starting this year, workers aged 60, 61, 62, or 63 by the end of the tax year can make a “super catch-up” contribution to their 401(k) or SIMPLE IRA. This allows eligible participants to contribute up to $11,250 annually, 150% of the regular $7,500 catch-up contribution limit for those over age 50.

Beginning in 2025, the SECURE 2.0 law increases the catch-up contribution limits for certain ages. Those who are age 60, 61, 62, or 63 will soon be able to set aside more money in a 401(k) plan.

Starting in 2025, older workers can save even more for retirement via 401(k) catch-up contributions. Here's what investors need to know.

The Super Catch-Up Rule. Starting January 1, 2025, plans may offer a higher dollar catch-up limit to employees who would attain exact ages 60, 61, 62, or 63 by the end of the year ...

IRS Issues Guidance on Mandatory 401(k) Roth Catch-up Starting in 2026 Starting January 1, 2026, high-income earners will face a significant shift in retirement savings rules due to the new Mandatory Roth Catch-Up Contribution requirement. If you earn more than $145,000 annually (indexed for inflat

The standard 401(k) limit for 2025 is $23,500, with a regular catch-up for those 50 and older of $7,500, meaning the "super catch-up" represents an additional $3,750 for qualifying participants. Once a participant turns 64, they revert to the age 50 and older (or +) catch-up contribution limit in effect for that year.

The Secure 2.0 Act is raising the catch-up contribution limit for workers, with the goal to make retirement more attainable. Beginning in 2025, participants in 401K or other employer-provided qualified retirement plans who are age 60, 61, 62, or 63 by 12/31/25 can take advantage of the Super Catch-Up Contribution, which is $11,250 instead of $7,500.

Get ready! Several new 401(k) provisions from the SECURE 2.0 Act kick in on January 1, 2025. One that we’ve already written about is the ability of employees to make extra catch-up contributions in a year they turn age 60, 61, 62 or 63 by the end of the year. (This “super catch-up” also applies to SIMPLE IRA participants.) Here are two others:

401(k) contribution limits are up in 2025. On this episode of Fidelity's Money Unscripted, host Ally Donnelly looks at how you can save more for retirement. ... New 401(k) limits, catch-ups, and rules in 2025. You can now save more than ever before. Fidelity Money Unscripted

In 2025, 401(k) contributions rise to $23,500, with higher catch-up limits for ages 60-63. Employers must auto-enroll new hires at 3-10%. A new IRS ruling may allow matches to go toward student debt or HRAs. These changes aim to boost retirement savings and flexibility.

Updated 401(k) Contribution Limits for 2025. The IRS raised the 401(k) contribution limit for 2025 to $23,500, which is up from $23,000 in 2024. These limits also apply to 403(b) and 457 plans. For individuals aged 50 and older, the standard catch-up contribution limit remains unchanged at $7,500. However, those between the ages of 60 and 63 ...