Tag: Tax planning

2024-10-17

There’s a key change coming to 401(k) catch-up contributions in 2025

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Business

Aire Images | Moment | Getty Images Many Americans face a retirement savings shortfall. However, setting aside more money could get easier for some older workers in 2025. Enacted by Congress in 2022, the Secure Act 2.0 ushered in several retirement system improvements, including updates to 401(k) plans, required withdrawals, 529 college savings plans and more. While some Secure…

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2024-09-15

Harris’ rise in polls sparks wave of wealth transfers to kids

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Business

Dimensions | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The tightening presidential race has touched off a wave of tax planning by ultra-wealthy investors, especially given fears of a higher…

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