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Ask Paula: Should I Stay At My Job For the 401k?

Afford Anything

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401k Contribution Limit - 6,500?

The contribution limit in 2022 for people who are under the age of 50 will be 6,000. Starting in 2023, that contribution limit is raised to 6,500. If she goes to a third-party custodian, she can then choose funds that will help her beef up that portion of her allocation. There's a very thin line between comedy and tragedy.

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