(k) cathc up contributions. Ignoring these changes could get you in trouble with the IRS or cause a suprise tax bill.
Starting in 2026, a new rule under the SECURE 2.0 Act mandates that high-income earners make Roth catch-up contributions to their 401(k) plans. This change could reduce your take-home pay due to ...
For Americans ages 45 to 54, the median 401(k) balance is just $67,769 according to Vanguard’s How America Saves Report. This ...
The Internal Revenue Service lets older workers make catch-up contributions to their 401 (k)s to enhance their nest eggs as ...
A new rule is going into effect next year that will affect high earners who make “catch-up contributions” in their 401(k)s or other tax-deferred workplace retirement plans. The rule, which was created ...
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 ...
The average 401(k) balance for someone in their 60s was $568,040 as of June 2025. The median, though, was far less: $188,792.
The IRS is boosting retirement plan contribution limits in 2026, allowing Americans to put more money in their tax-preferred 401(k) and individual retirement accounts. The tax agency, which announced ...
The average American contributes a percentage of their paycheck to their 401(k). Here's how your savings rate compares.
The IRS has announced that the amount of tax-favored funds that you can sock away for retirement is increasing. In 2026, the amount most individuals can contribute to their 401(k) plans will tick up ...