Use the higher 401(k) catch-up if you're 60-63 (2026 limits)
Added
For 2026 the IRS limit on employee 401(k) deferrals is $24,500. People 50 and older can add a catch-up of $8,000. Under SECURE 2.0, participants aged 60, 61, 62 and 63 get a higher catch-up of $11,250 instead. Check that your plan allows it and how to change your payroll deferral.
The result
Result: IRS (Notice 2025-67): 2026 deferral limit $24,500; standard 50+ catch-up $8,000; ages 60-63 catch-up $11,250.
Note: Not financial advice. General information only; check your own situation or ask a qualified professional.
Source
IRS newsroom (IR-2025-111) (opens the original source in a new tab). Check it for the latest numbers before you act.