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Record Hike For 401(k) Contribution Limits In 2023
Investor's Business Daily· 2 years agoFor the second year in a row, 401(k) contribution limits will rise in 2023. And this time, it's by a lot. The increase for 2023 is a record in dollars,...
Contribution Limits for a One-Participant 401(k)
SmartAsset via Yahoo Finance· 6 months agoA one-participant 401(k) or solo 401(k) is an attractive retirement savings option for self-employed workers or business owners. While they’re similar to...
Retirement plan limits set to increase in 2023
Columbia Daily Tribune via Yahoo News· 2 years agoIf there is a silver lining — albeit a small one — to the current high inflation rates faced by consumers across the country, it may be the corresponding...
What is profit-sharing?
Bankrate via Yahoo Finance· 1 year agoWhat is profit-sharing? A profit-sharing plan is a retirement plan that allows an employer or company owner to share the profits in the business, up to...
What is a solo 401(k)? A great self-employed retirement option
Bankrate via Yahoo Finance· 5 months agoIf you’re self-employed and looking to save for retirement – or to just get an excellent tax break –...
What is a Keogh plan?
Bankrate via Yahoo Finance· 10 months agoBeing self-employed is a dream for millions of Americans, but it’s important to save for retirement along the way as you’re building up your business. As...
403(b) Accounts Explained: What They Are and How They Differ From a 401(k)
GoBankingRates via AOL· 1 year agoA 403(b) retirement plan is an employer-sponsored plan for employees of public schools and certain...
What is an after-tax 401(k) and who should make contributions to one?
Bankrate via Yahoo Finance· 9 months agoAn after-tax 401(k) gives you the ability to supersize your retirement contributions, helping you...
How to use a tax refund or profit-sharing check to save for college
Detroit Free Press via Yahoo Finance· 3 months agoGetting a windfall of cash — say, a profit-sharing check from one of the Detroit Three automakers or...
Roth solo 401(k): What it is and who should get one
Bankrate via AOL· 5 months agoPortions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our...