VIDEO
New Super Catch-Up Contribution Rules for 401k Explained!
Did you know there are new catch-up contribution rules for 401k plans? This video explains the new rules introduced by the Secure 2.0 Act, effective starting in 2025.
Key points include:
- Enhanced catch-up contribution limits for individuals aged 60 to 63.
- Reversion to the standard age 50+ limit after turning 64.
- New provisions for Roth contributions for higher earners starting in 2026.
These changes offer significant opportunities to boost your retirement savings. Consult your financial advisor to see how these changes fit into your retirement strategy.
Investment advice is offered through Bayntree Wealth Advisors, LLC, an SEC-registered investment adviser. Insurance and annuity products are offered separately through Bayntree Planning Group, LLC. Bayntree does not provide, and no statement contained herein shall constitute, tax or legal advice. You should consult a tax or legal professional on any such matters. Opinions expressed herein are solely those of Bayntree Wealth Advisors. All content is for informational purposes only and is not intended to provide the basis for any financial decisions.
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