Administracja i zamówienia · 14/12/2001

Catch-Up Contributions for Individuals Age 50 and Over

The Internal Revenue Service (IRS) is reminding individuals aged 50 and over to take advantage of catch-up contributions to their retirement accounts, such as 401(k) and IRA, to maximize their retirement savings. This allows them to contribute more to their retirement accounts starting at age 50, compared to those under 50.