I'm Behind on 401(k) Contributions. Is It too Late to Catch Up?
Catch-up contributions were first introduced in 2002 as a way for people to save more money for retirement starting at age 50. While the government initially permitted savers to contribute an extra $1,000 to their 401(k), the limits on catch-up … Continue reading → The post Here's How Catch-Up Contributions Can Grow Your 401(k) Over Time appeared first on SmartAsset Blog.
Source: yahoo.com