What's new in Release 2026.0

Sage 50 US now supports the Super-Catchup retirement contribution, as defined by the SECURE 2.0 Act. See How to up a retirement benefit to include a catch-up limit for instructions.

Prior to Sage 50 Release 2026.0:

• Sage 50 supported only one catch-up contribution provision
• This applied to employees aged 50 and older

About the SECURE 2.0 Act

• Officially known as the SECURE 2.0 Act of 2022
• A U.S. law designed to:
  • Expand retirement savings opportunities
  • Improve retirement plan coverage, especially for low- and middle-income workers
• It includes 90+ provisions affecting plans like:
  • 401(k)
  • 403(b)
  • Defined benefit pension plans

SECURE 2.0 Act Enhancements to Catch-Up Contributions

• Starting in 2025, individuals aged 60 to 63 can make larger catch-up contributions to retirement plans.
• The new limit is the greater of:
  • $10,000, or
  • 150% of the regular catch-up amount

Effective date

• This applies to taxable years beginning after December 31, 2024

Plans affected

• 401(k)
• 403(b)
• Governmental 457(b)
• SIMPLE IRAs

Important note

• Not all retirement plans qualify for the enhanced Super-Catchup limits
• Plans that do not qualify include:
  • 408(k) SEP plans
  • Traditional IRA plans that are set up by individuals

For information on setting up the Super-Catchup contribution, see How to up a retirement benefit to include a catch-up limit.