Question: Simon turned 6 1 in 2 0 2 5 . He is a high - school teacher who participates in his employer's 4 0 3

Simon turned 61 in 2025. He is a high-school teacher who participates in his employer's 403(b) plan. With changes introduced by the SECURE 2.0 Act, what is the potential maximum catch-up contribution limit applicable to him for Tax Year 2025?
$7,000
$7,500
$8,000
$11,250

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