Passed in 2022, the SECURE Act 2.0 aims to improve access to retirement savings vehicles. This legislation builds on changes ...
Whether you are a Baby Boomer, Gen X, or Millennial, understanding the rules for retirement plans like IRAs and 401(k)s can ...
If you like to go big and max out your retirement accounts, you'll appreciate the latest news: The IRS is bumping up the ...
Some retirement savers can make larger 401(k) contributions in 2025 thanks to an obscure change made in the SECURE 2.0 act.
Almost all 401(k) plans permit catch-up contributions ... Article Sources Investopedia requires writers to use primary ...
Reviewed by Chip Stapleton Fact checked by Yarilet Perez Roth 401(k) plans are typically matched at the same rate as ...
Just as the when of “retirement” will become a dated notion, so will the notion that more tax revenues are required to pay ...
Federal tax law already allows people 50 and older to make extra contributions, above the annual deferral limit, to a 401 (k) ...
A substantially higher "catch-up" contribution for 401(k) plans applies for savers aged 60, 61, 62 and 63 who participate in these plans at work beginning in 2025. For example, if someone is 59 in ...