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Changes to 401(k) Catch-Up Contribution
Overview The SECURE Act 2.0 passed in December of 2022 expands upon the original SECURE Act. This updated legislation introduces modifications to several retirement plan rules, including changes that impact 401(k) and Solo 401(k) catch-up contributions.[i] Catch-Up Contributions Catch-up contributions give participants nearing retirement age the ability to increase retirement savings (Figure 1). In 2025,... Read More >
