Story thread · 3 reports / 2 sources

The HSA Move 55-Year-Olds With $1 Million 401(k)s Are Making Before Their Next Catch-Up Contribution

247wallst.com · 4dShare

A rule buried in SECURE 2.0 quietly turned the 401(k) catch-up contribution into a worse deal for the high earners it was supposed to reward, and the workaround hiding in plain sight has nothing to do with the 401(k) at all.

First report: Fidelity says 50-year-olds need $551,280 saved for retirement — the average 401(k) balance is just $215,700 — finance.yahoo.com, 6d