Starting in 2026, a major update is coming to 401(k) plans you won’t want to miss. Under the SECURE 2.0 Act, high earners—those making more than $145,000 in FICA wages—will be required to make all their catch-up contributions as after-tax Roth contributions, instead of traditional pre-tax ones. We’ll explain how this affects both your contributions and tax strategy, who’s impacted, and what to do now to prepare. Plus, we’ll cover the “super catch-up” option for those aged 60–63. Get ready—this is a game-changer for your retirement savings!
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⏰ Table of Contents ⏰
0:00 Introduction
0:54 Income Threshold
2:41 Examples
3:54 401K Contributions Explained
6:41 How to Lower your FICA wages
7:30 HSA
8:23 Flexible Spending Account or FSA
9:01 Healthcare and Dental Premiums
9:52 Conclusion
#FIREPsyChat #FinancialIndependence #401kChanges2026
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Disclaimer: This video is not in any form of personalized financial advice. I am solely sharing my personal experience and opinions. All Strategies, tips, suggestions, and recommendations shared are solely for entertainment and educational purposes only. There are financial risks associated with investing. You must conduct your own research and due diligence or seek the advice of a licensed advisor if necessary.
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