@jeffw to politics • 8 months ago‘The 401(k) industry owns Congress’: How lawmakers quietly passed a $300 billion windfall to the wealthywww.politico.commessage-square21arrow-up1154arrow-down14cross-posted to: news
arrow-up1150arrow-down1external-link‘The 401(k) industry owns Congress’: How lawmakers quietly passed a $300 billion windfall to the wealthywww.politico.com@jeffw to politics • 8 months agomessage-square21cross-posted to: news
minus-squareBeautifulMind ♾️linkEnglish1•8 months ago 23k is the max annual contribution If you’re over 50, you can put $30,500 in your 401k, the extra $7500 per year is called a ‘catch-up contribution’
If you’re over 50, you can put $30,500 in your 401k, the extra $7500 per year is called a ‘catch-up contribution’