New 401K Rule in 2026 You Need to Start Planning Now!

Starting in 2026, a major update is coming to 401(k) plans you won’t want to miss. Under the SECURE 2.0 Act, high earners—those making more than $145,000 in FICA wages—will be required to make all their catch-up contributions as after-tax Roth contributions, instead of traditional pre-tax ones. We’ll explain how this affects both your contributions and tax strategy, who’s impacted, and what to do now to prepare. Plus, we’ll cover the “super catch-up” option for those aged 60–63. Get ready—this is a game-changer for your retirement savings!

📖 FIRE Investing Academy 📖
➡️ https://www.firepsychat.com/fireinves...

Join my private FIRE 🔥 Community to connect with me! 🙂
➡️ https://firepsychat.com/community

👨‍🏫 Financial Consultation 👩‍🏫
Schedule a 1-on-1 Private Session with Psy
➡️ https://www.firepsychat.com/consultation

The budget app! Start your free YNAB trial today!
➡️ https://www.firepsychat.com/ynab

Increase your income by starting a course in Course Careers!
➡️ https://coursecareers.com/a/FIREPsyChat

📖 Get Your Free Financial Spreadsheets and Resources 📖
➡️ https://www.firepsychat.com/resources

Become a Channel Member!
➡️    / @firepsychat  

For sponsorships and business inquiries
➡️ [email protected]

⏰ Table of Contents ⏰
0:00 Introduction
0:54 Income Threshold
2:41 Examples
3:54 401K Contributions Explained
6:41 How to Lower your FICA wages
7:30 HSA
8:23 Flexible Spending Account or FSA
9:01 Healthcare and Dental Premiums
9:52 Conclusion

#FIREPsyChat #FinancialIndependence #401kChanges2026

🎵 Music and Sound Effects Provided by Epidemic Sound 🎵
https://www.epidemicsound.com/referra...

Disclaimer: This video is not in any form of personalized financial advice. I am solely sharing my personal experience and opinions. All Strategies, tips, suggestions, and recommendations shared are solely for entertainment and educational purposes only. There are financial risks associated with investing. You must conduct your own research and due diligence or seek the advice of a licensed advisor if necessary.

Affiliate Disclosure: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.