Workers aged 60 to 63 can now contribute up to $35,750 annually to their 401(k) plans under SECURE 2.0's super catch-up rule, combining standard and catch-up contributions. This four-year window offers a rare opportunity to accelerate retirement savings, making growth-focused ETFs like Invesco NASDAQ 100 ETF (QQQM), Vanguard Growth ETF (VUG), and Schwab U.S. Large-Cap Growth ETF (SCHG) attractive options. These ETFs provide diversified exposure to leading tech and growth companies, helping savers potentially close the gap between current balances and retirement goals. However, investors should balance these growth funds with bonds or total-market funds to manage risk, as these ETFs heavily overlap in top holdings like NVIDIA, Apple, and Microsoft.
The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) provides attractive monthly income through a covered call strategy but at the cost of capped upside returns compared to the Nasdaq-100 index. Its expense ratio is higher than typical Nasdaq ETFs, a...
The Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) offers weekly distributions but limits gains by selling covered calls on the Nasdaq-100. It charges a high 0.95% fee compared to 0.20% for a plain Nasdaq-100 ETF like QQQ, which can erode long...
The NEOS Nasdaq-100 High Income ETF (QQQI) offers a high 14% yield, but most payouts are return of capital, not true income, which lowers cost basis and defers taxes. It charges a 0.68% fee, higher than the Invesco QQQ Trust (QQQ), and uses a call op...
