Por: CNBC Business October 25, 2022
BartekSzewczyk GettyIf you've already maxed out 401(k) plan contributions for 2022 and you're eager to save more for retirement, some plans have an under-the-radar option, experts say.For 2022, into a 401(k), plus an extra $6,500 for investors 50 and older. But the total plan limit is $61,000 per worker, including matches, profit sharing and other deposits. And some plans let you exceed the $20,500 deferral limit with so-called... + 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
CNN USA Business October 22, 2022
The IRS on Friday announced a record increase in contribution limits to 401(k) and other tax-deferred retirement plans for 2023. Starting next year, you will be allowed to contribute up to $22,500 into your 401(k), 403(b), most 457 plans or the Thrift Savings Plan for federal... + más
Inflation hike: IRS is raising the 401(k) contribution limit by record amount | CBS News
Forbes USA Business October 22, 2022
Young workers will be allowed to contribute up to $22,500 pretax to a 401(k) in 2023, while those 50 and older will be able to sock away $30,000. getty The Internal Revenue Service announced today that young workers will be allowed to contribute up to $22,500 pretax to a 401(k)... + más
Can you borrow money from your 401(k)? | CBS News
CBS News USA Business October 20, 2022
If you don't use the account properly, you might not save enough or could pay unnecessary fees and penalties. Getty Images Having enough money in retirement often requires decades of careful planning, saving and investing. For many Americans, retirement planning runs... + más
Associated Press USA Business October 10, 2022
Any 401(k) can help you save for retirement. A great 401(k) allows you to save a whole lot more.The difference between a mediocre plan and a great one could translate into tens of thousands of dollars in future retirement money. Plus, a 401(k)’s quality can show how serious a... + más
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
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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