New rules from the IRS will take away a popular retirement tax break from some of the workforce’s higher earners. Starting in 2027 — although some plans could implement the change by next year — workers aged 50 and up who earn more than $145,000 in the previous year will only be able to make catch-up contributions to their 401(k) …
Read More »High earners 50-plus to lose valuable 401(k) tax break as contribution rules set to change — how it will affect savings
