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CWRU adopts Secure Act 2.0 Section 109: Age 60-63 Catch-up Contribution

FACULTY & STAFF | February 27, 2025
STORY BY: EDITORIAL STAFF

ÐÓ°ÉÊÓÆµ has adopted optional provision Section 109 of the Secure Act 2.0 for employees who will be age 60–63 in 2025.  Effective March 1, this allows for an extra $3,750 catch-up contribution for calendar year 2025. 

Participants must already be contributing the maximum for Age 50 catch-up. Visit the retirement webpage for more information, including details about how to schedule an appointment with our investment carriers.