4840 Butterfield Road
Hillside, IL 60162
(708) 240-4940

File 4 Me Tax Preparation and Financial Services BBB Business Review

 YouTube  
     Logo
 

Discover how 401(k) catch-up contributions—especially the new "super catch-up" for ages 60-63—can significantly boost your retirement savings. See the potential difference these contributions could make by age 67.

Your Information

$
$0$10M
%

2026 Contribution Limits

Standard Contribution Limit$24,500
50+ Catch-Up Limit+$8,000
60-63 "Super Catch-Up" Limit+$11,250

Your Catch-Up Benefit

Additional Savings by Age 67
$0
Additional Monthly Income Over 30-Year Retirement$0

Projected Balance at Age 67

Regular Contributions Only$24,500/year
$0
With 50+ Catch-Up$32,500/year
$0
With Super Catch-Up (60-63)$35,750/year ages 60-63, then $32,500/year
$0

Growth Comparison

This is the additional amount you could accumulate by age 67 if you take full advantage of catch-up contributions, including the enhanced "super catch-up" for ages 60-63. This could provide approximately $0 in additional monthly retirement income.

 

Related Content

TIPS for Inflation

TIPS for Inflation

If you are concerned about inflation and expect short-term interest rates may increase, TIPS could be worth considering.

Emotional vs. Strategic Decisions

Emotional vs. Strategic Decisions

Information vs. instinct. Are your choices based on evidence of emotion?

Insuring Your Business Against Cyber Liability

Insuring Your Business Against Cyber Liability

90% of small businesses in the U.S. don't protect their data from cyber attacks. Is your business at risk?