What 2025 401(k) updates you need to know
What are the 2025 401(k) updates you need to know? Find out on this episode. Then download your FREE Queer Money Kickstarter, a 9-step Guide to Kickstart Your Journey to Financial Independence.
How the 2025 401(k) updates can benefit you
On this episode of the Queer Money® Podcast, hosts David and John talk with LGBTQ+ financial advisor Jake Skelhorn about significant 401k changes coming in 2025. They highlight five key changes, including updated catch-up contribution limits for those aged 50 and above, mandated Roth catch-up contributions for high-income earners in 2026, and automatic 401k enrollments. Jake also explains the Secure Act 2.0’s rules on inherited IRAs and the implications for the LGBTQ+ community. They delve into strategies for investing in retirement accounts and the potential benefits for younger and late-start savers in making the most out of these new rules.
Listen to get insight on the 2025 401(k) updates
Topics covered on the 2025 401(k) updates
- Introduction to 401k Changes in 2025
- Meet Jake Skelhorn: LGBTQ+ Financial Advisor
- Catch-Up Contributions Explained
- Investment Strategies for Near-Retirees
- Changes for High-Income Earners
- Automatic Enrollment in 401ks
- Inherited IRA Changes
- Conclusion and Final Thoughts
Resources on 2025 401(k) updates
- sparkwealthadvisors.com
- Jake Skelhorn on LinkedIn
- Spark Wealth Advisors on YouTube
- Queer Money Youtube Channel
- Queer Money Instagram
- Queer Money Kickstarter
- Capital One Auto Navigator
- Wealth Builder’s Pyramid
- CreditWise
Connect with David and John
- Debt Free Guys on Facebook
- Debt Free Guys on X
- Debt Free Guys on Youtube
- Queer Money Facebook Group
- Queer Money on Instagram
- Subscribe on Apple Podcasts
- Email [email protected]
Watch this week’s episode on powerful queer money stories
Previous 3 Podcast Episodes
- How Gay GenXers Can Fund Generational Wealth
- Powerful Queer Money Stories
- Why Business Is Harder for LGBTQ Entrepreneurs
We’re David and John Auten-Schneider, the Debt Free Guys (www.debtfreeguys.com), and the Queer Money® podcast hosts. We help queer people (and allies) live fabulously, not fabulously broke, by helping them 1) pay off credit card debt, 2) become part- or full-time entrepreneurs and 3) save and invest for retirement.