This big 401(k) change in 2025 could supercharge your savings. Here's why.
The SECURE 2.0 Act increased the catch-up contribution for some employees to $10,000 or 150% of the standard catch-up contribution, whichever is greater. Since 150% of $7,500 is $11,250, that's the ...
3 401(k) Moves That Could Maximize Your Retirement Savings Growth in 2025
Adults under 50 may contribute up to $23,500 to a 401 (k) in 2025. Those 50 to 59 and 64 and older may contribute up to ...
401(k) True-Up: A Hidden Gem to Boost Your Retirement Savings
Nick Defenthaler, CFP®, RICP®, is a partner, CERTIFIED FINANCIAL PLANNER™ and Retirement Income Certified Professional® at Center for Financial Planning, Inc.® (offices in Brighton and Southfield ...
It's time to boost 401(k) plan contributions for 2025 — here's how much more you can save
If you’re feeling behind on retirement savings, you can make higher 401(k) plan deferrals and catch-up contributions for 2025 ...
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3 401(k) Moves That Could Maximize Your Retirement Savings Growth in 2025
The three moves below are a great place to begin if you're ready to maximize your savings growth in 2025. Not all employers offer 401(k) matches, but if yours does, you probably want to put your ...
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This Big 401(k) Change Coming in 2025 Could Supercharge Your Savings. Here's Who Can Benefit.
With the turn of the calendar, some employees will be able to save even more using their 401(k). That means more tax savings in 2025 and more tax-free compounding for years to come. Where to ...