Here's what's changing for 401(k)s and Social Security in 2025

The video discusses changes in retirement savings, focusing on 401K and Social Security. It highlights the Secure 2.0 Act, which increases 401K contribution limits, especially for those aged 60-63. Social Security adjustments, including a 2.5% cost of living increase and potential tax changes, are also covered. The video emphasizes the importance of planning for retirement and introduces a federal database to track forgotten 401K accounts.

What changes are being introduced for 401K contributions in 2025?

What are the implications of the Super Saver changes for individuals aged 60 to 63?

How does the increase in Social Security payments in 2025 compare to previous years?

Discuss the potential impact of Donald Trump's proposal regarding Social Security benefits.

What is the significance of the federal Lost and Found database for 401K accounts?