Por: MarketWatch Politics October 22, 2022
For 401(k)s, that’s an almost 10% increase from 2022’s contribution limit of $20,500. For IRAs, it’s a more than 8% rise from 2022’s limit of $6,000. As added context, the inflation-indexed bumps tax year 2023 income tax brackets and the standard deduction worked to approximately 7%. When the IRS increased the 401(k) contribution limits it came to a roughly 5% rise. “Given the inflation we have been experiencing recently, the early... + full article
CBS News USA Business October 22, 2022
The IRS on Friday said it is boosting the 2023 contribution limits for 401(k)s by a record $2,000 due to the high pace of inflation, which will allow workers to sock away more money in 2023. Individuals will be able to save up to $22,500 in their 401(k)s next year, an increase... + más
What You Don’t Know About Your 401(K) Could Cost You Millions | Forbes
Unprecedented 401(k) boost: IRS increases amount you can save for retirement in 2023 | CNN
The Boston Globe USA Business October 22, 2022
Americans will be allowed to contribute more of their money to 401(k) and similar retirement saving plans next year.The IRS said Friday that the maximum contribution that an individual can make in 2023 to a 401(k), 403(b) and most 457 plans will be $22,500. That's up from... + más
IRS sets new 401(k) limits — investors can save a lot more money in 2023 | MarketWatch
IRS raises contribution limits for retirement savings plans | WPLG Local 10
NBC 6 South Florida USA World October 22, 2022
Andrew Harrer Bloomberg Getty Images Americans will be allowed to contribute more of their money to 401(k) and similar retirement saving plans next year. The said Friday that the maximum contribution that an individual can make in 2023 to a 401(k), 403(b) and most 457 plans will... + más
Portland Press Herald USA World October 22, 2022
Americans will be allowed to contribute more of their money to 401(k) and similar retirement saving plans next year. The IRS said Friday that the maximum contribution that an individual can make in 2023 to a 401(k), 403(b) and most 457 plans will be $22,500. That’s up from... + más
WPLG Local 10 USA Politics October 21, 2022
IRS raises contribution limits for retirement savings plans | The Boston Globe
Forbes USA Business October 03, 2022
Most advice with 401(k) plans starts and stops with, “contribute at least enough to get your employer match.” While that is good advice you should implement, it’s a tiny piece of what could be a very complex puzzle. Simply contributing enough to your 401(k) to get the... + más
Can you borrow money from your 401(k)? | CBS News
What a bear market really means for your 401(k) | Los Angeles Times
CBS News USA Business September 23, 2022
Just note: Investing steadily over the long term is the best way to ensure you have funds for retirement. Getty Images/iStockphoto If you've got a decent amount invested and need a short-term loan, you may be considering borrowing from the popular retirement vehicle. ... + más
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How steep Fed rate hikes affect your finances | ABC News
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