There's still time for big savers to use 'after-tax contributions' to funnel more into 401(k) plans for 2022

There’s still time for big savers to use ‘after-tax contributions’ to funnel more into 401(k) plans for 2022

If you’ve already maxed out 401(k) contributions for 2022 and want to save more for your retirement, some plans offer a low-key option, experts say. For 2022, you can carry $20,500 into a 401(k), plus an additional $6,500 for investors age 50 and older. But the plan’s total limit is $61,000 per worker, including matches, …

There’s still time for big savers to use ‘after-tax contributions’ to funnel more into 401(k) plans for 2022 Read More »