Summary
Workers nearing retirement can significantly increase their savings through a special catch-up contribution rule for ages 60 to 63. Under the SECURE 2.0 Act, eligible employees can contribute more than the standard catch-up limit to workplace retirement plans, giving late savers a stronger chance to build their nest eggs before retiring. In 2026, higher-income workers generally must make catch-up contributions to a Roth account, while others can still choose traditional pre-tax contributions if available. Financial experts say maximizing these enhanced contributions, especially when combined with employer matches, can meaningfully strengthen retirement security and long-term financial flexibility.
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