What is the Super Catch-Up 401(k) Contribution
As retirement nears, many individuals would like to save more into tax-deferred accounts to meet their financial goals. Fortunately, the Super Catch-Up 401(k) contribution—an enhanced retirement savings feature—offers a unique opportunity to boost your nest egg significantly in the final years of your career. Here’s an overview of what you need to know about this […]
2025 Annual Limits
As we enter 2025, it is prudent to update funding amounts for various account types to reflect new contribution limits. Below we will overview annual limits for notable financial planning items. Retirement Accounts Account Type Limit Catch-Up IRA $7,000 $1,000 if over 50 Roth IRA $7,000 $1,000 if over 50 401(k) Deferral (Pre-tax or Roth) $23,500 […]
