catch-up

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

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[Updated with 2018 limits] 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. If you are over or turning 50 in a given calendar year you are eligible to make additional or catch-up contributions to your current retirement plan […]

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2017 Maximum Employee and Employer 401k Contribution Limits and Catch-up Amounts

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[Updated for 2017] 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 four […]

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