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Or upgrade at 50 is a financial document that allows individuals who are 50 years old or older to make certain catch-up contributions to their retirement accounts.
Individuals who are 50 years old or older are required to file or upgrade at 50 if they want to take advantage of the catch-up contribution limits for retirement accounts.
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The information that must be reported on or upgrade at 50 includes the additional catch-up contribution amount being made and the type of retirement account receiving the contribution.
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