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2. What Are the Retirement Account Contribution Limits for 2023?

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   The IRA catch-up contribution limit (a contribution that allows people aged 50 or older, or who have 15 years of service for a 403(b) plan, to make additional contributions) remains at $1,000 ...

3. Individual retirement account - Wikipedia

   en.wikipedia.org/wiki/Individual_retirement_account

   The maximum amount allowed as an IRA contribution was $1,500 from 1975 to 1981, $2,000 from 1982 to 2001, $3,000 from 2002 to 2004, $4,000 from 2005 to 2007, $5,000 from 2008 to 2012, $5,500 from 2013 to 2018, and $6,000 from 2019 to 2022. In tax year 2023, the maximum amount allowed is $6,500. Beginning in tax year 2024, the limit is $7,000. [11]

4. What You Need to Know About 2023 Retirement Contribution Limits

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   Continue reading → The post 2023 Retirement Contribution Limits appeared first on SmartAsset Blog. Funneling money into a tax-advantaged account, such as an IRA or a 401(k) is a must if you're ...

5. Open an IRA before the tax deadline to save on taxes - AOL

   www.aol.com/finance/open-ira-tax-deadline-save...

   It’s not too late to get a tax deduction for your IRA contributions. ... As mentioned, the contribution limit for 2023 is $6,500, or $7,500 for those over age 50. For 2024, the contribution ...

6. Next year, you can put more money away for retirement and get ...

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   November 2, 2023 at 10:40 AM. ... The IRS also announced it was raising the IRA annual contribution limit to $7,000 next year, from $6,500 this year. For people 50 and older, you may contribute an ...

7. What Are the Age Limits For IRA Contributions? - AOL

   www.aol.com/age-limits-ira-contributions...

   Continue reading → The post Age Limits for IRA Contributions appeared first on SmartAsset Blog. When it comes to retirement savings, your age can have a major effect on things. Depending on ...