Take Advantage of Catch-Up Contributions

If you’re over 50, the IRS allows you to make catch-up contributions to your 401(k) and IRA. This means you can contribute beyond the standard limit, providing an opportunity to significantly boost your retirement savings if you got a late start or want to ensure you’re maximizing your investments.

If you’re over 50, the IRS allows you to make catch-up contributions to your 401(k) and IRA. This means you can contribute beyond the standard limit, providing an opportunity to significantly boost your retirement savings if you got a late start or want to ensure you’re maximizing your investments.

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