¹SECURE Act 2.0, if passed, would increase the catchup contribution for those ages 62 through 64 to $10,000 per year (indexed to inflation) starting in 2024.

²For couples where both spouses are age 55 or older, only the account owner of a family HSA can make a catch-up contribution of $1,000. However, if both spouses have their own HSA (family or individual), they can each contribute $1,000 to their respective accounts. 

³SEP-IRA contributions are limited to the lesser of 25% of the employee's compensation or the annual limit. The limit for owners is the lesser of 20% of net income or the annual limit.

⁴Includes 401(k) and 403(b) plans. Does not include 457(b) plans.