Category Archives: Retirement,401k,Taxes

401(k) Contribution Limits Projected to Rise Again in 2024: How to Plan Ahead

401(k) contribution limits should continue their upward climb in 2024, according to a recent projection by Mercer. However, easing inflation now means lower forecasts for 401(k) and other retirement plan contribution limits for next year. After rising substantially from $20,500

Americans Say They Now Need $1.8 Million to Retire. Here’s How You Can Get There

Americans believe they’ll need at least $1.8 million to retire, an increase from last year’s magic number of $1.7 million. However, not very many are confident they’ll be able to get there. These are the two top-line takeaways from this