Retirees Face Potential Tax Hike Amid Upcoming 401(k) Rule Changes for 2026 Season

Scammers are targeting retirees as major 401(k) rule changes are set to take effect in the 2026 tax year nationwide. The upcoming changes could impact how much tax is paid on 'catch-up contributions' for those over 50 who max out their retirement accounts. As a result, older Americans are being targeted by scammers trying to sell them fake solutions or services. The changes are expected to affect taxpayers in the coming years.