FCCB Blog

Many people say they would love to retire with “enough,” but fear they started too late. 

 

Here’s the truth – it’s never too late to lay the groundwork for your ideal retirement. Believe it or not, the Internal Revenue Service agrees. That’s why if you’re employed and over 50, the I.R.S. offers “Catch-Up Contributions” as a way to increase your yearly contribution amount above the established limits. They recognize that income earned is typically higher after age 50 and the Catch-Up Contribution rule allows you to take advantage of that to invest more in your future.

 

If you have questions about catch-up contributions, talk with the IRA specialist at your local FCCB branch.

 

For more information about retirement, click here. Your future is more than worth it!