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Kiplinger
Kiplinger
Business
Tara Schulstad Sciscoe

Catch-Up Contributions for Higher Earners in 457(b) Plans: What You Need to Know

The words "475(b) plan" written on a spiral notepad next to a calculator.

On September 15, the IRS issued final Treasury regulations implementing provisions of the SECURE 2.0 Act related to age-50 catch-up contributions under employer-sponsored retirement plans.

While many plan administrators were hoping for additional time, the IRS did not extend the nonenforcement period with respect to the Roth catch-up requirement for higher earners, which must still be implemented by 2026.

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