Maximize contributions to your retirement plan If you're not putting as much money as you can into

Maximize contributions to your retirement plan

If you're not putting as much money as you can into your employer-sponsored 401(k), 403(b) or other tax-deferred retirement account, you're losing out.

Contributions to these accounts reduce your taxable income for the year.

For 2020, contribution limits are $19,500, plus $6,500 in catch-up contributions if you’re age 50 or older.

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