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Older workers can now supersize their savings in the biggest 401(K) rule change in decades


Older workers can now supersize their savings in the biggest 401(K) rule change in decades

Older workers will now be able to contribute more savings to their 401(K) accounts than ever before under new rules starting in 2025. Each year, the Internal Revenue Service (IRS) announces the maximum amount that savers can contribute to their corporate retirement account, adjusted for inflation. Americans over 50 can also add additional money to […]