catch-up

When Can I Make Catch-Up Contributions to 401K, IRA, 403b and SIMPLE IRA Retirement Plans

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Catch-up contributions allow people who feel that they do not have enough of a nest egg to make higher retirement plan contributions as they approach retirement.┬áIf you are over or turning 50 in a given calender year you are eligible to make additional or catch-up contributions to your current retirement plan (401K, 403b, IRA etc). […]

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Maximum Employee and Employer 401k Contribution Limits and Catch-up Amounts

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[Updated with 2015 changes] I recently received a few questions regarding 401k retirement plans and contribution limits. The first thing to understand is that there are two main types of contributions that go into these plans. One is your contribution, or elective deferral, and the other is your employers, or matching, contribution. Secondly there are […]

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