EBRI_logo_base_black
EBRI

SECURE 2.0 Act: Catch-up Contributions

Mar 7, 2024, 12:30 PM
SECURE 2.0 Act: Catch-up Contributions
Super Text :
Full Content Date : March 7, 2024
Full Content Page Count : 4
Volume Number :
Section 603 of the SECURE 2.0 Act of 2022 placed restrictions on catch-up contributions such that individuals having earnings of more than $145,000 in the previous calendar year would be required to make all catch-up contributions as Roth after-tax contributions. In this week’s Fast Fact, the Public Retirement Research Lab Database is analyzed to assess the impact of this provision on public-sector retirement plans and participants.
Full Content Product / Source : PRRL Fast Fact
Access Package : PUBLIC
Topics :
  • Retirement
Tags :
  • prrl
PRRL_Study_CatchUpContributions_Final
Blurb Fielded Links
Full Content Fielded Links
Authors
PRRL Fast Fact

SECURE 2.0 Act: Catch-up Contributions

Mar 7, 2024 ,  4  pages

Summary

Section 603 of the SECURE 2.0 Act of 2022 placed restrictions on catch-up contributions such that individuals having earnings of more than $145,000 in the previous calendar year would be required to make all catch-up contributions as Roth after-tax contributions. In this week’s Fast Fact, the Public Retirement Research Lab Database is analyzed to assess the impact of this provision on public-sector retirement plans and participants.