Maximizing Your 401(k): 2025 Catch-Up Contributions Explained

In this episode, we delve into the significant updates to 401(k) catch-up contributions for 2025, crucial for those nearing retirement. The IRS has maintained the standard catch-up contribution limit at $7,500 for individuals aged 50 and over. However, a notable change is the introduction of a higher catch-up contribution limit of $11,250 for employees aged 60 to 63, as part of the SECURE 2.0 Act.