End of Year Considerations 2024
Max out those retirement contributions! Make sure you’re taking full advantage of your retirement accounts. For 401(k)s, the contribution limit for 2024 is $23,000, plus a $7,500 catch-up if you’re 50 or older. And starting in 2025, people aged 60-63 will get an extra boost with a special catch-up option that’s up to $10,000, or …