What are catch-up contributions?
In Personal Finance - Retirement Planning - Asked by Admin - 8 months ago
Catch-up contributions are designed to help you make up any retirement savings shortfall by bumping up the amount you can save in the years leading up to retirement. Catch-up contributions can be made to traditional and Roth IRAs, as well as to 401(k) plans and certain other employer-sponsored retirement plans.
Answered by Admin - 8 months ago