Ashlea Ebeling
speaker
2,002 appearances
38 recordings
1 series
first heard Jul 2022
last heard Feb 2025
Ashlea Ebeling’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
And then workers who are 50 to 59 or 64 plus can make the basic additional catch-up contribution of $7,500.
matched
That stayed the same this year and next.
matched
The big change is for people turning 60 to 63.
matched
That's the super catch-up.
matched
And they'll get to put in $11,250 more.
matched
in addition to the base $23,500.
matched
So that's like this crazy amount.
matched
It's $34,750 a super saver could put in their 401k.
matched
It's the biggest change to 401k contribution rules in two decades since catch-ups were first introduced.
matched
So this new super catch up for the 60 to 63 year olds, that's a law change that was part of the big 2022 retirement law.
matched
And when Congress put it in, they just made it effective 2025 because they needed to give time for the plan administrators to do all the record keeping and backend computer work to make sure that people were putting the right amount in.
matched
It was meant to help older workers who didn't save early or save enough during their careers.
matched
And that's often because they dip in and out of the workforce.
matched
But in effect, it also just helps super savers.
matched
You'll probably get an email the year you turn 50 from your 401k administrator.
matched
That would be like Fidelity or Vanguard.
matched
And they'll say, oh, you're 50, you're eligible for catch-ups.
matched
Do you want to change your
matched
contribution amounts.
matched
And then you go online to the portal and change the percentage that you're saving.
matched
Showing 381–400 of 2,002 · page 20 of 101
← Previous
Next →