401K CONTRIBUTIONS

Advertisement
Dec 31 2025FINANCE

Maximizing Your 401(k): A Smart Move for Your Future

In 2024, only a small group of people, about 14%, who have retirement plans like 401(k)s or 403(b)s, are putting in the highest amount allowed. This maximum amount is $23, 500 per year, but if you're over 49, it goes up to $31, 000, and even higher for older workers due to recent law changes. Why i

reading time less than a minute