2025 brings with it some key changes that could affect your finances, especially if you are nearing retirement.
- A higher 401(k) plan “super catch-up” contribution for workers ages 60 to 63.
- New rules for inherited individual retirement accounts.
- Boosted Social Security benefits for certain public workers.
Our Chief Planning Officer, Ed Jastrem, discussed one of these changes and how it could affect your wealth with CNBC.