There's a new 'super funding' limit for some 401(k) savers in 2025. Here's who qualifies

There's a new 'super funding' limit for some 401(k) savers in 2025. Here's who qualifies

There's a higher catch-up contribution limit for some older investors in 2025. Here's who qualifies for the change.

• Falling inflation moderated workers' expectations of their retirement needs

New 'Super Funding' Rule Boosts 401(K) Contributions for Older Workers in 2025

A major 401(k) update for 2025 will allow eligible workers aged 60 to 63 to make significantly larger "catch-up" contributions, raising the total annual deferral limit to $34,750. Starting in 2025, Americans nearing retirement can take advantage of expanded 401(k) contribution rules, allowing greater savings in the final years of...