Designed to bolster retirement savings, catch-up contributions give you an opportunity to fast-track your financial readiness before you actually retire. Yet many people either underutilize them or ...
For 2025, you can defer up to $23,500 into your 401(k), and workers age 50 and older can make an extra $7,500 in catch-up contributions. Starting this year, workers age 60 to 63 can make "super ...
The IRS has announced the 401(k) catch-up contribution limits for 2026. The 401(k) catch-up contribution limit will rise to $8,000, up from $7,500 in 2025. Investors age 60 to 63 can save $11,250 for ...
There's a brief window in your working life that just got a whole lot more valuable for retirement savings. If you're between 60 and 63, you might have noticed something changed this year. A major ...
Nearing retirement but not sure whether you have enough saved? While there isn't a time machine that can take you back to when you first started working, rules around 401(k)s and other retirement ...