For 2025, you can defer up to $23,500 into your 401(k), and workers age 50 and older can make an extra $7,500 in catch-up contributions. Starting this year, workers age 60 to 63 can make "super ...

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 ...

When people are in their 20s and even 30s, they often focus their finances on paying off debts, starting a family, and buying a home. By the time they start focusing more on growing a nest egg for ...