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VIDEO: What Are Catch-Up Contributions for Retirement Accounts? Thumbnail

VIDEO: What Are Catch-Up Contributions for Retirement Accounts?

Retirement Funding

by Leah Woodly


Are you 50 or older and looking to boost your retirement savings? In this video, we break down everything you need to know about catch-up contributions to your retirement accounts! Learn how much extra you can contribute to your 401(k), IRA, or other retirement plans, and find out why this strategy could be a game-changer for your financial future.

Key Topics Covered:

  • What are catch-up contributions?
  • 2024 catch-up contribution limits for different retirement accounts
  • How to maximize your savings using catch-up contributions 
  • Strategies for making the most of these extra contributions

This material is intended for educational purposes only. You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. Dorval & Chorne Financial Advisors is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.