IRS guidance addresses SECURE 2.0’s catch-up contribution dilemma
BMT Office Administration
SEPTEMBER 1, 2023
The saga of 401(k) catch-up contributions under SECURE 2.0 Beginning with catch-up contributions to be made next year, employees whose Social Security wages (W-2, Box 3 wages) exceed $145,000 this year can make catch-up contributions on a Roth, after-tax basis only. is well known.
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