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What is the super catch-up?
Under the SECURE 2.0 Act of 2022, individuals aged 60-63 are eligible to participate in “super catch-up.” What is super catch-up? The super catch-up allows retirement savers to contribute an additional $11,250, on top of the standard $23,500 annual contribution limit for 2025 to eligible retirement plans. Kaili Killpack reports on how the super catch-up could increase retirement savings. Read Ms. Killpack’s article here…
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