401(k) Contribution Rules Change May Impact High Earners Over 50

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Source: Yahoo Finance
401(k) Contribution Rules Change May Impact High Earners Over 50
Photo: Yahoo Finance
TL;DR Summary

Starting in 2027, high earners over $145,000 who contribute to 401(k)s will only be able to make catch-up contributions with Roth (after-tax) dollars, removing the previous option of pretax contributions, which could impact their tax deductions and retirement savings strategies.

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