As of Jan. 1, the Secure 2.0 Act introduced enhanced catch-up contributions for individuals aged 60–63 and the CU voluntary retirement plan options have adopted this feature effective Jan. 1, 2025.

This enhanced catch-up provision allows employees to contribute additional money to their age-50 catch-up contributions. For example, the 2025 catch-up contribution limit for those over 50 is $7,500, but if you are age 60–63, your limit increases to $11,250. This increase applies to CU’s voluntary retirement plans: the CU 403(b), PERA 401(k) and PERA 457.