Retirement
from24/7 Wall St.
3 months ago401(k)s Have New Maximum Limits in 2025 - Are You Getting the Most From Your Plan?
A super catch-up contribution of $11,250 is available for 401(k) savers aged 60-63 to enhance retirement savings.
For Americans ages 45 to 54, the median 401(k) balance is just $60,763 according to Vanguard's How America Saves Report. This is far less than most people need to be ready to retire.