Retirement catch-up

<p>Did you know that if you&#8217;re over 50, you can contribute extra to your 401(k)? Legislation is about to go into effect that will sweeten the deal even more: For 401(k) participants earning $145,000 or more, that catch-up amount will be taxed upfront, rather than when it&#8217;s withdrawn for retirement. In this episode, we&#8217;ll talk the nitty-gritty of retirement savings, a new company looking to operate short-haul flights only, and whether the Fed will raise rates again in September.</p>