PRRL Fast Fact

SECURE 2.0 Act: Catch-up Contributions

Mar 7, 2024 4  pages


Section 603 of the SECURE 2.0 Act of 2022 placed restrictions on catch-up contributions such that individuals having earnings of more than $145,000 in the previous calendar year would be required to make all catch-up contributions as Roth after-tax contributions. In this week’s Fast Fact, the Public Retirement Research Lab Database is analyzed to assess the impact of this provision on public-sector retirement plans and participants.