Two-year reprieve granted from Roth catch-up requirement

Two-year reprieve granted from Roth catch-up requirement

Employees who participate in a Sec. 401(k) or similar retirement plan and whose prior-year Social Security wages were over $145,000 have been given a two-year reprieve from the new requirement that any catch-up contributions they make to the plan must be designated as after-tax Roth IRA contributions.
Source: Tax News
Read More here – Two-year reprieve granted from Roth catch-up requirement