Designed to bolster retirement savings, catch-up contributions give you an opportunity to fast-track your financial readiness before you actually retire. Yet many people either underutilize them or ...
Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...
If you’re among the roughly 70% of workers in the United States who contribute to a 401(k) or similar workplace retirement plan, some important upcoming changes could affect how you make extra ...
The SECURE 2.0 Act introduced a new provision known as the “super catch-up” for individuals aged 60 to 63, allowing them to contribute more to their 401(k) accounts starting in 2025. Specifically, ...