The SECURE 2.0 Act of 2022 introduces a significant change for those nearing retirement age. The new 'super catch-up' rule, effective from the fiscal year 2025, allows individuals aged 60 to 63 to ...
Since the start of 2025, clients in their early 60s can invest more than ever in their 401(k)s. But many advisors say this new contribution maximum, known as the “super catch-up,” comes with a few ...
Sometimes called the 'super' catch-up contribution, this new saving option is only available to workers age 60 to 63. There have been numerous changes to the tax rules surrounding retirement plans in ...
The 401(k) super catch-up provision is the government's way of helping those on the cusp of retirement sock away more funds ...
Important changes that take effect in the new year can help individuals maximize their savings and secure a comfortable retirement. For example, beginning in 2025, individuals between the ages of 60 ...
Beginning this year, older workers have a fleeting but powerful new way to supercharge their retirement savings, but many may miss out through inaction. Under the SECURE 2.0 Act, employees between the ...
Reaching a comfortable retirement is the number one financial goal for nearly all physicians. To that end, qualified retirement plans can play a major role. Any new opportunity in qualified retirement ...
The opportunity to participate in a "super catch-up" only applies to those aged 60, 61, 62, and 63 by the end of the year. Full participation in the super catch-up period could lead to an additional ...
As you age, you have less time for your retirement investments to potentially grow, but you can also often contribute more to your retirement accounts. Normally, those who are 50 or over can ...