Retirement Plans for 30-Year-Olds: Building a Secure Future
Learn how 30-year-olds can kickstart retirement planning with strategies like 401(k)s, IRAs, and HSAs. Maximize savings and secure your financial future with these expert tips!
IRS Announces New 401k Limits And New Catch-Up For 2025
For 2025, the IRS has raised 401(k) contribution limits to $23,500, with a new, higher catch-up limit of $11,250 for those ages 60-63. IRA contribution limits remain at $7,000, with a catch-up of $8,000 for those 50 and older. SEP IRAs now allow contributions up to $70,000 or 25% of income. Make the most of these increased limits to maximize retirement savings.