Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

25 Changes to Your 401(K) Plan That Can Save Your Retirement

April 2, 2021 · Personal finance

Use Catch-Up Contributions

Let’s say you haven’t made enough contributions to your 401(k) to fully satisfy your retirement needs- hey, these things happen to the best of us.

Luckily for you, the closer you are to your retirement, the more you can contribute in order to make up for all that missed time. If you’re over 50, you can make catch-up contributions.

In 2021, you can contribute an additional $6,500 per year, meaning that for this year you can contribute a total of $26,000 to your 401(k). By this point in your life and career, you should be able to make these additional contributions which will help tremendously during retirement.

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A stressed older couple sits on the floor of an empty living room surrounded by unpacked cardboard moving boxes. 5 States Retirees Regret Moving to, Based on Cost and Lifestyle
  • A smiling senior woman stands outside near a porch surrounded by lush garden greenery, hiking boots, and a warm mug. 12 Things to Do Instead of Watching TV All Day in Retirement
  • Shocked older man holding a landline phone receiver while reviewing financial bills at a kitchen table. 8 Things to Do the Moment You Realize You've Been Scammed
  • A smiling senior woman buys fresh vegetables from a vendor at a bustling outdoor farmers market. Farmers Market Vouchers for Low-Income Seniors
  • Adirondack chairs on a wooden deck overlooking a misty lake with a dock, canoe, and lakeside cabin at sunrise. 7 Lakefront Towns Where Retirees Get More House for Less
  • Senior man sitting at a wooden kitchen table reviewing a Social Security document with a pen, glasses, and calculator. 7 Ways Retirees Waste Their COLA Raise Every Year
  • A senior man reviews financial paperwork at a wooden table with a planner, budget sheet, and coffee mug. 5 Things Every Retiree Should Check Monthly
  • Senior couple sitting at a wooden kitchen table reviewing Medicare summary notices and financial documents. Medicare Changes in 2027: What You'll Actually Pay
  • A senior man sits at a wooden table reviewing a Social Security Administration statement with a pen and notebook. Why So Few Retirees Qualify for Social Security’s Biggest Possible Monthly Check
  • A woman reviews a retirement planning calendar and binder at a sunlit wooden table near a window. Key Retirement Milestone Ages Most People Miss

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

When Will Your Social Security Checks Arrive? (What Beneficiaries Should Know)

Full Retirement Age in 2026 The Social Security full retirement age (FRA) has gradually increased…

Read More →

20 Essential Tax Breaks Every Senior Should Know About

Maximize your retirement income by exploring 20 essential tax breaks, deductions, and financial strategies specifically…

Read More →
An illustration of a retired man stepping off a calendar page onto green stepping stones labeled Special Enrollment.

The Medicare Special Enrollment Periods Most Retirees Never Use

Discover underused Medicare Special Enrollment Periods to switch plans or enroll outside standard windows without…

Read More →

Top 10 Retirement Planning Apps You Need To Download Today

Personal Capital This retirement planning app is a robust retirement planner tool that uses Monte…

Read More →
Shocked older man holding a landline phone receiver while reviewing financial bills at a kitchen table.

8 Things to Do the Moment You Realize You’ve Been Scammed

Act immediately after being scammed. Follow this practical checklist to limit liability, freeze credit, report…

Read More →

14 Things To Sell When You’re Ready To Retire

Old Computers – If you still have your first Macintosh, there are pretty high chances it’s…

Read More →

14 Tips To Make The Most Of Your Social Security Check

Move to a retirement community If relocation has crossed your mind, then don’t rule out…

Read More →

17 Ways to Make Sure Your Retirement Stays on Track

A smiling man enjoys his retirement by painting a vibrant masterpiece in a sun-drenched art…

Read More →
A retired couple reviews tax paperwork and financial statements together at their kitchen table in warm, natural morning light.

9 Signs You’ve Underpaid Estimated Taxes and Should Adjust Immediately

Learn the 9 warning signs that you have underpaid estimated taxes in retirement and discover…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

About Us

Editorial Policy

Advertiser Disclosure

Frequently Asked Questions

Contact Us

Disclaimer

Terms and Conditions

Privacy Policy

Subscribe

Unsubscribe

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.