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New Opportunities to Make 401(k) and IRA Catch-Up Contributions
USNews ^ | 17 Feb 2023 | Rachel Hartman

Posted on 07/18/2023 8:28:38 AM PDT by EVO X

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To: EVO X
Before, if you were older than 50 and made more than $145k you could put you extra "catch-up" money into either a regular 401k or a Roth 401k. Now you can only use the Roth. How is that a "new opportunity"?

And, by the way, the chocolate ration has been raised to 20 grams.

21 posted on 07/18/2023 10:09:28 AM PDT by KarlInOhio (Democrats' version of MAGA: Making America the Gulag Archipelago )
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To: KarlInOhio

Over 50 catch-up provision. That’s like ‘affordable’. It means someone else has to pay for it.

Those over 50 who were smart enough to start earlier. What’s in it for them?


22 posted on 07/18/2023 10:38:31 AM PDT by DIRTYSECRET (e allowed )
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To: KarlInOhio
Now you can only use the Roth. How is that a "new opportunity?"

There is no opportunity at all if the company or organization doesn't offer a Roth option..

23 posted on 07/19/2023 2:55:21 AM PDT by EVO X ( )
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