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Navigating Year-End Retirement Contributions
This chapter focuses on critical deadlines and contribution limits for 401(k) plans as 2024 approaches, highlighting the importance of maximizing contributions before the year's end. It covers new adjustments for catch-up contributions, the impact of inflation on retirement accounts, and strategic advice for optimizing IRA and Roth IRA contributions. Additionally, it touches on upcoming changes to Social Security benefits, emphasizing a holistic approach to retirement planning amidst shifting tax policies.
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