The 2026 Catch-Up Math for Ages 60 to 63 #shorts

Halbert Hargrove • 5 days ago

Original source

What This Video Is About

The video discusses the updated retirement contribution limits for 2026, including the general elective deferral limit and catch-up contributions.

Major Ideas Discussed

  • The general elective deferral limit for 401k or 403b plans is $24,500.
  • An additional $8,000 catch-up contribution is available for those age 50 or older.
  • The Secure 2.0 super catch-up provision applies to individuals aged 60 to 63, with a catch-up limit of $11,250.
  • The total potential contribution to a workplace retirement plan for eligible individuals is $35,750, combining the general limit and super catch-up.

What to Watch Next

Viewers may want to monitor their retirement savings strategies and consider consulting a financial advisor to optimize their contributions under the new limits.