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IRS Finalizes New Rules for Retirement Catch-Up Contributions Under SECURE 2.0

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Source: Forbes
IRS Finalizes New Rules for Retirement Catch-Up Contributions Under SECURE 2.0
Photo: Forbes
TL;DR Summary

The SECURE 2.0 Act, signed into law in December 2022, introduces new rules affecting retirement contributions, notably requiring high-income taxpayers earning over $145,000 to make catch-up contributions on a Roth (after-tax) basis starting in 2027, which may influence retirement savings strategies and tax planning.

Topics:business#contributions#finance#ira#retirement#secure-20-act#taxes
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  1. The IRS Updates Retirement Contributions Rules Under SECURE 2.0 Act  Forbes
  2. IRS, Treasury Dept. Release Final Regulation for Roth Catch-Up Contributions  401k Specialist
  3. Final Catch-Up Contribution Regulations under SECURE 2.0 Act  JD Supra
  4. IRS Regulators Finalize Post-Tax Catch-Up Contribution Rule (1)  Bloomberg Law News
  5. IRS Updates Rules on 401k Catch-Up Contributions for Older Workers  Newsweek

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