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The law ushered in a new rule that provides extra catch-up contributions for employees aged 60 to 63. Those older workers can make additional 401(k) contributions of $11,250 in 2025 instead for a ...
The following seven savings and retirement rule changes begin in 2025. So, now is an excellent time to adjust your savings plan to take advantage of them in the New Year. 1.
Saving in 401(k)s and IRAs is a smart way to put money aside for retirement. However, there are rules you need to know in order to take maximum advantage of these accounts. Moreover, as with most ...
Saving for retirement will get a boost in 2025 thanks to higher contribution limits and the phase-in of provisions stemming from the Secure 2.0 Act. ... The new 2025 annual limit for a health ...
The new contribution limit for 401(k)s and other workplace retirement plans in 2025 will be $23,500, up from $23,000 currently, the Internal Revenue Service said Friday.
If you're ready to save more money for retirement, the new 2025 IRA contribution rules could help. See how people aged 50 and over can save extra in 2025.