Catch-Up Contributions To Your 401(k) Can Now Be Supersized

Up To $11,250 In Catch-Up Contributions. Starting in 2025, employees age 60 to 63 in retirement plans such as 401(k)s, 403(b)s and government 457(b)s, can set aside $11,250 in total catch-up deposits.


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Catch-Up Contributions To Your 401(k) Can Now Be Supersized

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Up To $11,250 In Catch-Up Contributions. Starting in 2025, employees age 60 to 63 in retirement plans such as 401(k)s, 403(b)s and government 457(b)s, can set aside $11,250 in total catch-up deposits.

investors.com

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“Super” Catch-Up Contributions In 2025: What Retirement …

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Dec 20, 2024  · The 401(k), 403(b), and governmental 457(b) 2025 enhanced catch-up contribution limit for those age 60-63 will be $11,250, while the SIMPLE IRA limit is $5,250. To …

lordabbett.com

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401(k) Catch-Up Contributions: Key Updates For 2025 And 2026

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Jan 28, 2025  · Together, eligible individuals can contribute up to $31,000 annually ($23,500 402(g) + $7,500 catch-up). Testing. Catch-up contributions are ignored when 415(c) and ADP …

employeefiduciary.com

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2025 401(k) Contribution Limits: What You Need To Know

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Jan 3, 2025  · For 2025, the standard catch-up contribution limit for 401(k) plans is $7,500. That means anyone who meets the age requirements can contribute a total of $31,000 to their …

usatoday.com

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401(k) Supercharge: Catch-Up Limit Soars - TheStreet

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Dec 23, 2024  · Starting in 2025, employees aged 60-63 can contribute an extra $11,250 to their 401(k)s through the Super Catch-Up Contribution. This is a significant increase from the …

thestreet.com

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Higher Catch-Up Contributions For 401(k)s Beginning In 2025

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Retirement accounts that allow these increased catch-up contributions include 401(k), 403(b), and 457 plans. The typical catch-up amount for these plans in 2025 is $7,500 for people 50 and …

advantaira.com

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The New 401 (k) Super Catch-Up Rule: A Breakdown - Kona HR

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Dec 12, 2024  · Higher Contribution Limit: Starting in 2025, the super catch-up contribution will be greater than $10,000 or 150% of the standard catch-up limit, adjusted for inflation. Roth …

konahr.com

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New 401(k) Contribution Limits For 2025: Are Your Older Employees …

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Jan 31, 2025  · “In 2025, the catch-up contribution for individuals age 50 and older in a 401(k) plan is $7,500,” said Stephen Callahan, Trading Behavior Specialist at Firstrade.

benefitspro.com

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401(k) Catch-up Limits In 2025 Allow Bigger Contribution For Some

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Nov 8, 2024  · The total possible contribution allowed in a 401(k) plan is $34,750 for those aged 60 through 63 in 2025. The most savings allowed in a 401(k) is $31,000 in 2025 for other …

usatoday.com

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Why Those Between 60 And 63 Should Max Out Their 401(k) This …

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2 days ago  · In 2025, those aged 60 to 63 can put up to $34,750 into their 401(k) plans. This can include both the regular contribution limit and an additional amount to catch up for periods of …

forbes.com

FAQs about Catch-Up Contributions To Your 401(k) Can Now Be Supersized Coupon?

What is the 401(k) catch-up limit?

Starting January 1, 2025, Plan Sponsors of 401 (k) or 403 (b) plans have the option to allow participants between the ages of 60 and 63 as of the close of the taxable year to increase their catch-up contribution to a maximum of $11,250. This age-based increased catch-up limit is also known as the “Super Catch-Up.” ...

Will a 401(k) increase catch-up contributions in 2025?

Under SECURE 2.0, beginning in 2025, individuals ages 60 to 63 will be eligible for increased catch-up contributions in their retirement plans. This applies to 401 (k), 403 (b), and governmental 457 (b) plans that currently offer catch-up contributions. It’s also important to note that this change is optional for employers. ...

What is the 401(k) super catch-up limit for 2025?

The 401 (k), 403 (b), and governmental 457 (b) super catch-up applies to eligible plan participants who are between the ages of 60 and 63. The deferral limit is the greater of $5,000 or 150% of the normal “age 50” catch-up contribution limit for 2025 ($7,500). Thus the 2025 “super” catch-up equals $11,250 (150% x $7,500). ...

Can older 401(k) participants make more catch-up contributions?

Under a provision of Secure Act 2.0, plan participants in a specific age group can now boost their contributions to 401 (k) and similar plans. Here’s how it works. Catching up just got easier for some retirement investors. Starting in 2025, a subset of older 401 (k) plan participants can make even higher catch-up contributions. ...

How much can a super catch-up 401(k) contribute?

As in, those who have qualifying employer-sponsored plans (and fall within that age range in the calendar year) will be able to contribute an extra $3,750 to their 401 (k)s. With the super catch-up contribution, you’ll be able to put aside a total of $34,750. ...

What are 401(k) catch-up contributions?

401 (k) catch-up contributions allow employees aged 50 and older to contribute beyond standard IRS contribution limits, helping them boost their retirement savings as they approach retirement. Key features of 401 (k) catch-up contributions include: Individuals must be at least 50 years old by the end of the calendar year. ...

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