​New 401k ‘Super Catch-Up’ Contribution Available In 2025 – Tyler Durden

New 401k ‘Super Catch-Up’ Contribution Available In 2025 In a significant new wrinkle in retirement savings rules, some older workers will be able to put several thousand more dollars into 401(k) and similar retirement plans in 2025. The feature was included in the 2022 SECURE 2.0 Act, which stipulated that it would take effect in 2025.  First, note that the general contribution limit for 401(k), 403(b), 457, and the federal employees’ Thrift Savings Plan in 2025 will be $23,500. Those who are between ages 50 and 59 — or age 64 and older — will be able to contribute $31,000. Those limits…  — Continue at ZeroHedge News : Read More