catch-up contribution

The IRS Grants a Reprieve!

As we previously told you, section 603 of the SECURE 2.0 Act added section 414(v)(7) to the Internal Revenue Code.  Section 414(v)(7) requires that catch-up

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catch-up contributions

Catch-Up Contributions

What are Catch-Up Contributions? Catch-up contributions are salary deferrals (also referred to as “elective deferrals”) that employees aged 50 or older can make in addition

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