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This year, you can save more in your 401(k) than ever before. Contribution limits are up–and there’s a new super catch-up contribution for older workers. Watch this episode of the Money Unscripted podcast as host Ally Donnelly and Fidelity’s Kirsten Hunter Peterson share a rundown of the numbers, the facts about employer matches, and ...

The catch-up contribution limit will change starting in January 2025, and there will be an income limit to contribute to Traditional 401K starting in January 2026. Join my private FIRE 🔥 Community to connect with me! 🙂 ️ https://firepsychat.com/community 👨‍🏫 Financial Consultation 👩‍🏫 Schedule a 1-on-1 Private Session ...

New 401K contribution limits and catch-up. Learn how the new 401(k) and IRA rules for 2025 can help you maximize your retirement savings. From increased limits to exclusive catch-up options, these updates could transform your financial future. This guide explains the new 401(k) contribution limits and catch-up options announced by the IRS for ...

401K & IRA Updates 2025: New Contribution Limits & More Savings #401k #ira #rothira Are you making the most of your 401k and IRA in 2025? This video breaks down the new contribution limits, tax strategies, and key updates for retirement accounts like 401k, 403b, and Roth IRA. I’ll explain the differences between Roth and pre-tax contributions ...

2025 is the year of the "Super Catch-up"! Starting in 2025, there's a new rule for those between age 60-63 that increase the the maximum you can put into your 401(k) as a catch up. This is a part of the Secure Act 2.0 that goes into effect in 2025. Learn how to lower your tax payments in my next video: https://youtu.be/EBkynsR72dg?si ...

🔥 Azul's Newsletter: https://www.azulwells.com/ Ask Azul a question https://forms.gle/85rVsosyqb4XikVB6 🔥 Follow Azul on Twitter: https://twitter.com/azul_wells 💲 NEED FINANCIAL ADVICE? 💲 1) Google "fee-only financial adviser" or visit www.NAPFA.org (largest association of fee-only financial advisers). NOT an affiliate link 2) The ...

2025 Roth IRA Changes: https://www.irs.gov/newsroom/401k-limit-increases-to-23500-for-2025-ira-limit-remains-7000 Roth IRAs are one of the most exciting retirement account options available - you can save money for retirement that grows tax free outside of a workplace plan! Every year the IRS changes the rules for the Roth IRA with changes to ...

Big news for those in their 60s! SECURE 2.0 has introduced a significant increase in the amount you can contribute to your retirement savings. In this video, I break down the "super catch-up" contributions now available to those aged 60-63. In 2025, the standard catch-up contribution is $7,500, allowing you to exceed the regular contribution ...

The IRS has announced the 401(k) catch-up contribution limits for 2025. Here’s what investors need to know.

New 2025 Contribution Rules Explained!: Don't Miss Out on Super Catch-Up Contributions!" More Info: https://www.financialfastlane.com/ 00:00 Introduction 00:36 Catch-Up Contributions 00:58 IRA and Roth IRA Contribution Limits 02:02 Backdoor Roth 02:59 2025 401k Contribution Limits 03:44 2025 Super Catch-Up Limit 04:39 Super Catch-Up Example 1 ...

In this episode Mike Palmer, CFP® and founder of Ark Royal Wealth Management, shares changes that are coming to 401k contribution rules in 2025. We discuss the following: 💲 How the 401k Super Catch Up works and what the 401k contribution limits are in 2025. 🤷‍♂️ Who qualifies for the 401k Super Catch? 📄 The importance of careful ...

Are you ready to maximize your retirement savings in 2025? In this video, Director of Education John Bowens walks you through the new IRA and 401(k) contribution limits for 2025, including a special focus on the new “super catch-up” contribution limit introduced by SECURE Act 2.0. Learn more in our latest blog: https://eqtytrst.co/2025 ...

There's a hidden 401K strategy for high-income earners that is not offered to every employer and is called a Mega Backdoor Roth. How does a Mega Backdoor Roth work in 2025 as a high-income earner? 📖 FIRE Investing Academy 📖 ️ https://www.firepsychat.com/fireinvesting Join my private FIRE 🔥 Community to connect with me! 🙂 ️ https ...

Some investors will be able to save even more in their 401(k) this year.

In this video, key updates to retirement accounts for 2025 and beyond are highlighted, covering changes to 401(k)s, IRAs, HSAs, and more. From increased contribution limits and new catch-up rules to expanded Roth options and automatic enrollment features, these updates aim to enhance retirement savings strategies. The video also touches on ...

Discover the power of maximizing your retirement contributions with Retirement Planner Loren Merkle. Tune in as he breaks down the 2024 contribution limits for Roth 401(k) plans and Roth IRAs. - Learn the contribution limits for a Roth 401(k) if you're under age 50 years old. - Understand the additional catch-up amount you can contribute to ...

Some retirement savers can make larger 401(k) contributions in 2025 thanks to an obscure change made in the SECURE 2.0 act.

Mega Backdoor Roth explained and compared to the regular backdoor Roth. CORRECTION: I mistakenly used 2024 Contrubution number rather than 2025. For 2025 the total overall is $70,000, NOT including the catch-up. Add in the catch-up, and this could get a person to $77,500. OR, if the plan has the “super-catch-up” and the person is 60 – 63 ...

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.

A quick primer on the 2025 limits for contributions to retirement plans. New in 2025 is a special "additional" catch-up contribution for ages 60-63. Watch for details!

New Mandatory 401(k) Roth Catch-Up #michaelruger #greenbushfinancial #rothira

The IRS has announced the 2025 contribution limits for 401(k), Roth IRA, and more. Schedule a meeting with one of our CERTIFIED FINANCIAL PLANNERS™: https://www.korhorn.com/contact-korhorn-financial-advisors/ or call 574-247-5898. LINKS: https://www.irs.gov/newsroom/401k-limit-increases-to-23500-for-2025-ira-limit-remains-7000 Listen on ...

Secure Act 2.0 establishes a new "super catch-up" contribution for 401(k), 403(b) and 457 retirement plans. This video covers eligibility, limits, and examples of the super catch-up contribution for 2025.

Learn how you can save more next year with three supersaving 401(k) plan changes that are coming in 2025 as part of the SECURE 2.0 ACT. Plus, what are latest life expectancy numbers? 📢 Learn all about bond investing while yields are high! Get both our bond courses together & save $80: https://www.diamondnestegg.com/home#_paa2isucf ⭐ Bond ...

Here are the NEW 2025 Contribution Limits for 401K, IRA, and HSA plans Apply to Become a Client: https://mycpacoach.com/contact/ The IRS just announced new updates to IRAs, 401Ks, HSAs, and related accounts for 2025, which will impact millions of taxpayers who use these accounts. There are new contribution limits, which means larger tax ...

Unlock the power of self-directed investing at the 12th SDIRA Summit: https://sdirasummit.com/ ---- Found this video helpful? Click the Like button & share with others. Subscribe to my channel and click the 🔔 icon for notifications when I post a new video. Don't forget to leave your questions in the comment section below! ---- Websites ...

Are you turning 60, 61, 62 or 63 in 2025? If so, you are eligible for a Super Catch Up Contribution! This is the amount you can contribute over and above the "normal" limits, depending on your employment situation. The Super Catch Up for 2025 is $11,250. Therefore, an employee turning one of those ages can contribute $35,750 into a 401/403b/TSP ...

ROTH IRA vs 401(K): $100k IN → Which Is better? Ever feel like every time you Google 'retirement savings,' you end up more confused? ROTH IRA, 401(K), tax-free this, pre-tax that—what does it all even mean? You’re not alone, and the stakes couldn’t be higher. Choosing the wrong account could mean paying more in taxes, losing out on free ...

The Solo 401(k) opens up a world of tax planning opportunities. Is the Mega Backdoor Roth one of them? What do the numbers say? My Solo 401(k) book is on Amazon and Barnes & Noble: https://fitaxguy.com/solo-401k-book/ I blogged about new developments for Solo 401(k)s here: https://fitaxguy.com/2025-solo-401k-update/ The post has examples of how ...

Many of you know that you can contribute more to your Roth IRA and 401k plans once you turn 50 but when can you make these catch-up contributions? Do you have to wait until you turn 50 to contribute more to your 401k and Roth or can you do it sooner? We're an investing service that also helps you keep your dough straight. We'll manage your ...

Roth IRA contributions and Roth 401(k) might look the same on the paper. From a planning perspective, they are quite different from each other. Learn about 2025 Roth IRA contributions: https://fitaxguy.com/2025-ira-contributions-for-beginners/ This video, the show notes, and any comments are for educational purposes only. They do not constitute ...

Click on the link below to get our free exclusive eBook today: "14 Metrics That Every CEO Needs to Know". https://www.financialgps.co/copy-of-free-exclusive-ebook We're pushing 401K plans hard this season for our small business clients. Retirement planning is beneficial because it requires long-term thinking, and it cultivates a habit of ...

Maximize your 401k in 2025 with a super catch up contribution! This week we discuss important changes to 401(k) contribution limits for 2025, particularly for individuals aged 60-63. In 2025, people in this age group will be able to make larger "catch-up" contributions, increasing the maximum amount they can contribute to their 401(k) or 403(b ...

Everything you need to know about a Roth Conversion in 2025 🏝[HOW MUCH YOU NEED TO RETIRE?] Take The QUIZ To Find Out How Much You Need To Retire https://www.theoremwm.com/how-much-do-i-need-to-retire 🎯 Schedule Your FREE Retirement Assessment Today: https://www.theoremwm.com/start-here 📧 Sign Up for Our Weekly Retirement Newsletter ...

00:00 Intro 01:05 Average 401(k) Balance by Age 02:23 Average 401(k) Balance by Income 03:05 What Should You Aim For 04:51 Savings Rate by Age 05:39 Strategies by Age 07:59 Maximize Your Growth Potential 08:59 Avoid the biggest Mistakes 10:39 The Takeaway 11:32 Bloopers Are you saving enough for retirement? 📈 In this video, we break down the ...

If you're over the age of 50, and you're contributing to a 401(k) or similar plan, you'll want to watch this video. I explain some major updates coming down the pike for catch-up contributions, which are a great way to max out the power of this tax-advantaged vehicle for your financial goals, including how they will be changing to Roth (NB ...

Investing for retirement is an integral part of building your financial future. Whether that means saving up or investing through a 401(k) plan and/or Roth IRA account, investment strategies can change over our lifetime. You might find one is the best option to start your investing journey and the other more beneficial for your long-term plan ...

The IRS recently announced updated contribution limits for IRAs, 401(k)s, and other retirement savings accounts for 2025, which gives us an opportunity to save even more for retirement. In this video we will go over a breakdown of how the new contribution limits affect your retirement saving options in 2025. We will go over the updated ...

Check out the new 401K rules and benefits starting on January 1, 2025, and the benefits that are already in effect. 📖 FIRE Investing Academy 📖 ️ https://www.firepsychat.com/fireinvesting Join my private FIRE 🔥 Community to connect with me! 🙂 ️ https://firepsychat.com/community 👨‍🏫 Financial Consultation 👩‍🏫 ...

IRS Changes 2025 Contribution Limits: https://www.irs.gov/newsroom/401k-limit-increases-to-23500-for-2025-ira-limit-remains-7000#:~:text=The catch-up contribution limit,Plan remains $7,500 for 2025. 00:00 Intro 01:08 Employer Sponsored Plans 02:22 Higher Catch-Up Contribution Limit 03:27 Ages 60, 61, 62, & 63 05:02 Why Such Restrictions 06:45 ...

401k contribution limits and catch up contributions. You don’t have to wait until your birthday to start your catchup contributions. #investing #401k #retireearly #retirementplanning

NOTE: Per updated guidance from the IRS in August 2023, the Mandatory Roth Catch-up feature within Secure Act 2.0 will not be effective until 2026. It was originally supposed to go into effect in 2024. This video was filmed prior to the delay. Starting in 2026, individuals that make over $145,000 in wages will no longer be able to make pre-tax ...

Interested in Learning More? Click this link! https://q3.link/threesecrets How to Pay Taxes on Your Roth IRA Conversion in 2025 Thinking about a Roth IRA conversion but worried about how to pay the taxes? You’re not alone! Many people assume they need extra cash on hand, but that’s not always the case. There are several smart strategies to ...

How much money will you be able to contribute to your 401(k) in 2025. Let's discuss the new Catch-Up contribution becoming active in 2025. I'll give you all the numbers I currently know and will update you when more details are released. 💰FREE Tax-Free Toolkit: https://taxfreetoolkit.com/ Find a Power of Zero Advisor: https://davidmcknight ...

📽️ Access the replay of our comprehensive Solo 401k webinar! 🔴 ️ Subscribe Daily Live Q&A with Solo 401k Expert ⭐2024 contribution limits: Up to $69,000 ($76,500 for age 50+) ⭐2025 contribution limits: Up to $70,000 ($77,500 for age 50+, $81,250 for age 60-63) ☑️How to open and fund your Solo 401k in just ONE day ☑️Claim ...

The SECURE Act 2.0 has brought about many changes. One of those changes being that if you earn too much money and are making catch-up contributions to your 401k plan, you could be forced to make those catch-up contributions to the Roth portion of your 401k. These changes were set to take place beginning in 2024, but the IRS recently delayed ...

Understanding super catch up contributions for your 401k to maximize retirement savings! In 2025, individuals in their early sixties (ages 60-63) can take advantage of a "super catch-up" contribution to their 401(k) or 403(b), allowing them to contribute extra money. The new rule is available for those in this age bracket next year, but the ...

Saving for retirement is great, and there are many types of retirement accounts that can help you get there. This is a high-level guide to some of the most common retirement plans out there, including an employer-sponsored (401)K, IRA and more. NerdWallet editor Arielle O'Shea shares the basics of each type of retirement account so that you can ...

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