High earners must route all retirement catch-up contributions to Roth accounts under SECURE 2.0

Employees earning more than $145,000 per year from their prior employer must now make all catch-up contributions as Roth (after-tax) rather than pre-tax. The requirement applies to 401(k), 403(b), and governmental 457(b) plans. High-income workers who previously used pre-tax catch-up contributions to reduce current taxable income can no longer do so.