How Will Catch-Up Contributions Change in 2024?
The federal SECURE Act 2.0 law will affect how financial advisors counsel clients in 2024 and beyond regarding catch-up contributions, particularly for higher-earning retirement plan participants. Advisors can help clients understand these changes, including the two-year delay for a provision affecting individuals making more than $145,000. SECURE Act 2.0 is a wide-ranging federal law in...
