Are you keeping up with your peers? by Christy Bieber Contributing to a 401(k) is a smart way to save for retirement if you have access to this type of workplace plan. And you’ll need to make sure you’re investing enough for financial security as a senior.  If you’re wondering how your contributions stack up…

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To max out your 401(k) in 2020 or 2021, you’d need to contribute $19,500. If you’re 50 or older, you’re allowed to make a $6,500 catch-up contribution, so $25,000 is your maximum. Let’s face it: $19,500 a year is a lot of money, particularly if you’re just starting your career. But if you can contribute…

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Saving for retirement is a great way to lower your taxes and build a sizable nest egg. Use these tax tips to boost your retirement savings. Would you walk away from money? If you’re among the 51 million Americans who participate in a company’s 401(k) plan, you can contribute up to $19,500 in 2020. And…

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