Retirement contribution reminders
As we near the final quarter of the year (Wow… moving fast!) now is a great time to take a peek at those ytd retirement plan/401k and the like contributions…
As a reminder, here are the maximums from our Handy Tax Fact Chart sheet
401(k), 403(b), 457(b), Roth 401(k) plans elective deferrals $24,500
Catch-up provision for individuals 50-59 and 64+, 401(k), 403(b), 457(b), Roth 401(k) plans $8,000
Catch-up provision for individuals 60-63, 401(k), 403(b), 457(b), Roth 401(k) plans $11,250
Roth reminder – A First year mandate
While this is mostly a payroll complication, this year (2026) marks the first ever year companies have to defer money into a Roth for catch up contributions in your retirement plan if your prior year income was over $150k –
Take a look at your paystub to see if the deferrals look correct. We have found about half show a Roth/Retirement section and the other half not.
With a ton of complications … new job, new payroll system, W-2 versus Bonus … We are preparing for the great W-2 restatement next tax year… again, not to worry, this is a payroll item, but if something looks incorrect now, drop us a note we will take a look… it is likely easier to fix now, before year end than later…
New Investment options – Allocation Adjustments
We know most of you reach out immediately when you have new investment options, a new plan or just a change in the plan… BUT if some have slipped by, just forward us the email, we will decipher the changes and let you know if adjustments need to be made!
Finally a fun, less heavy post – with so much going on, nice to have a housekeeping reminder rather than a heavy technical … yay
Have a Great “Check that retirement run reminder” Day!
John A. Kvale CFA, CFP
AI Content Authenticity: AI/Chat created the reminder image and my dog. All of the following text content has been completed by myself and has not been edited or created by AI. Occasionally we do use AI for images and will note when appropriate.
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
