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GOBankingRates
Sarah Li Cain

The New Catch-Up Retirement Law Might Not Help You — How To Tell

Inside Creative House / Getty Images/iStockphoto

Catch-up retirement contributions have felt like a no brainer for workers over 50. Why not save more later in your career if you can, and lower your tax bill at the same time?

However, a key provision in SECURE 2.0 has changed that for higher earners. Catch-up contributions may no longer offer the tax break you’ve come to expect. 

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