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Maxing Out a 401(k) and IRA: Rules, Limits, and Tax Benefits Explained

Money Girl

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Navigating 401(k) and IRA Contribution Limits and Tax Benefits

This chapter explores how to enhance contributions to 401(k) plans and traditional IRAs, focusing on tax benefits and income restrictions. It discusses income thresholds for tax deductions and offers alternatives like Roth IRAs, guiding listeners in making informed retirement planning decisions.

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