The SECURE 2.0 Act of 2022 contained several provisions aimed at helping Americans amp up their retirement savings. One area of focus centered on expanding “older” workers’ (those age 50+) ability to make catch-up contributions to their employer-sponsored retirement plans. IRS Announces Two-Year Transition Period for Higher Wage Earners SECURE 2.0 caused some concern and confusion for higher wage earners regarding catch-up contributions. Beginning in 2024, workers earning more than $145,000 per year who wish…
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