Viewpoints about 401(k) catch-up contributions
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SECURE 2.0 Act offers good news for retirement savers
The SECURE 2.0 Act passed on December 29, 2022. As an expansion of the Setting Every Community Up for Retirement Enhancement (SECURE) Act that was passed in 2019, SECURE 2.0 includes new ways that employers, the federal government, and the retirement plan industry can help Americans save more for retirement. Here are a few of the ways it can help you save more for retirement.
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IRS contribution limits for 2023—helping you save more in your 401(k)
These days, inflation is probably a consideration when trying to anticipate your income needs in retirement. Fortunately, you’ll be able to save more in your retirement accounts in 2023 than ever before, helping you meet your retirement savings goals.
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Critical ages for retirement planning: Social Security benefits and more
Your 50th birthday may have felt like a big milestone, and it was—you’re a half centennial! While you still have many more to look forward to, there are other key milestones you should be aware of to help get your retirement finances in order.
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What are 401(k) catch-up contributions—and how can they help boost retirement savings?
In your 50s, you may find yourself falling short of your retirement goals—yet, with more disposable income than you had before. That’s where 401(k) catch-up contributions can come in.
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