Considering retirement but not sure if you are financially ready? Starting in 2026, there will be more investment options available to help you.
If you reach the IRS 401(k) contribution limit during the year, you can continue saving Roth inside your plan, allowing your extra savings to grow tax-free. Beginning in January, you will have the option to opt out of this automatic Roth conversion.
Shipbuilders earning more than $150,000 annually will be required to make catch-up contributions as Roth. If you prefer not to make catch-up contributions as Roth, you must select the opt-out option in your Alight Worklife account settings.
Participants aged 60 through 63 will be eligible for an additional Super Catch-Up Contribution to their retirement plan, providing an extra opportunity to boost savings before retirement.
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