Mandatory 401(k) Roth Catch-up Details Confirmed by IRS January 2025
IRS Issues Guidance on Mandatory 401(k) Roth Catch-up Starting in 2026
Starting January 1, 2026, high-income earners will face a significant shift in retirement savings rules due to the new Mandatory Roth Catch-Up Contribution requirement. If you earn more than $145,000 annually (indexed for inflation), your catch-up contributions to 401(k), 403(b), or 457 plans will now go directly to Roth, rather than pre-tax.
The IRS just released guidance in January 2025 regarding how the new mandatory Roth catch-up provisions will work for high-income earners. This article dives into everything you need to know!
Self-Employment Income In Retirement? Use a Solo(k) Plan To Build Wealth
It’s becoming more common for retirees to take on small self-employment gigs in retirement to generate some additional income and to stay mentally active and engaged. But, it should not be overlooked that this is a tremendous wealth-building opportunity if you know the right strategies. There are many, but in this article, we will focus on the “Solo(k) strategy
