This is NOT Financial Advice
But there is a new 401k contribution benefit for 2025 that you should know about.
The Lund Loop is all about trading and active investing, not financial planning, and certainly not about giving financial advice.
But…
I think this is important, so I want to pass it on to subscribers. As always, please check with you CPA, accountant, financial planner, etc., to get the advice that is right for you.
Heads up for LL members age 60 to 63...
In 2025, there is a 'super catch-up" for 401k plans of $3,750.
-$23,500 (standard)
-$7,500 (50+ catch-up)
-$3,750 (60-63 super catch-up)
This means you can contribute a total of $34,750 if your are 60-63.
For more info, check out this article.