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

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

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Interactive Video

Life Skills, Business

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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.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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