Some older Americans will see a change in how they can make 401(k) catch-up contributions next year. Is there a catch?

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Starting next year, some older workers making catch-up contributions to retirement plans, like 401(k)s, may have to do so on a Roth basis. Secure 2.0, a federal retirement law passed in 2022, states ...

Catch-up contributions are designed to help people save extra money in tax-advantaged retirement accounts once they hit age 50. For many savers who are behind on their retirement savings goals, ...

Starting the year you turn 50, you can increase retirement contributions by an amount set by the IRS. Many, or all, of the products featured on this page are from our advertising partners who ...

High earners aged 50 and over will face new rules requiring 401(k) catch-up contributions in 2026. These contributions must ...