This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.

In this episode you will learn:

• The 2025 base, standard catch-up, and special age 60-63 catch-up limits for 401(k) plans.

• The 2025 contribution and catch-up limits for Traditional and Roth IRAs.

• How to differentiate and apply the unique contribution rules for SIMPLE IRAs, including their two catch-up tiers.

• The calculation method and overall limit for SEP IRA contributions for self-employed individuals.

• Common exam traps, such as confusing different plan limits and misinterpreting the new age-based catch-up rules.

For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep