Older Americans making catch-up contributions to their 401(k) plans could be hit with a higher tax bill this year. Under a law that went into effect on Jan. 1, higher-income workers making catch-up ...
You can contribute more to your 401(k) beginning at age 50 Fact checked by Vikki Velasquez Reviewed by Khadija Khartit If your employer offers a 401(k) plan, this can be a very effective way of saving ...
Since 2002, retirement savers age 50 and over have had the option of making “catch-up” contributions to their 401(k) plans, which are over and above the regular limits for employee contributions to ...
Workers aged 50 and older have the opportunity to make catch-up contributions to their 401(k) plans. High earners will only be able to make Roth catch-up contributions beginning in 2026. This could ...
If you're 50 or older, you can make catch-up contributions to a 401(k) plan. The 401(k) catch-up amount has increased in 2026. The rules for making catch-up look different this year for higher earners ...
Only a tiny percentage of investors who contributed to their retirement plans are making catch-up contributions, according to new research from the Public Retirement Research Lab, a data tracker for ...
This year, your high-earning clients age 50 and older who want to maximize their 401(k)s in their final working years can no longer claim catch-up contributions as an upfront deduction. Those who are ...
A major 401(k) tax break is about to disappear for some of America's most diligent retirement savers. Beginning in 2026, high earners aged 50 and older will lose the option to make pre-tax catch-up ...
The IRS is changing how Americans can make catch-up contributions to their workplace retirement accounts, which could have significant implications for retirement planning and budgeting. A new rule ...