The Power of 401k Catch-Ups
Discover how 401(k) catch-up contributions, like the new "super catch-up" for ages 60-63, can significantly boost your retirement savings. See the potential difference these contributions could make by age 67.
Your Information
2026 Contribution Limits
Your Catch-Up Benefit
With both regular catch-up contributions and 60-63 catch-up contributions between ages 60-67
Projected Balance at Age 67
Growth Comparison
This is the additional amount you could accumulate by age 67 if you take full advantage of catch-up contributions, including the enhanced "super catch-up" for ages 60-63. This could provide approximately $0 in additional monthly retirement income.
Once you reach age 73, you must begin taking required minimum distributions (RMDs) from your 401(k) or any other defined contribution plan in most circumstances. Withdrawals are taxed as ordinary income and, if taken before age 59½, may be subject to a 10% federal income tax penalty.
Have A Question About This Topic?
Related Content
An Arm and a Leg
A visit to the hospital can be painful, for both your body and your wallet. Don't let it be more painful than it has to be.
Succeeding at Business Succession
There are a number of reasons for business owners to consider a business succession plan sooner rather than later.
What To Do When Your Income Reaches 7 Figures
Preserve your high net worth with these foundational tips.