E.g., 06/28/2022
E.g., 06/28/2022
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  | Financial Decisions

457 contribution limits for 2021

Employees of state and local governments can stash the same amount of money in their 457 plans in 2021 as last year. Plus, those who are 50 and older can make “catch-up” contributions.
  | Retirement

457 contribution limits for 2022

Employees of state and local governments can stash more money in their 457 plans in 2022 than in 2021. Plus, those who are 50 and older can make “catch-up” contributions.
Rounding out another year comes with plenty of to-dos: getting gifts for loved ones, spending time with family, embracing the holiday spirit, and—of course—coming up with resolutions for the year ahead. Many people overlook one critical resolution, however: making sure they’re maximizing their retirement account contributions. If you haven’t already maxed out your 2020 contributions to your retirement plan or individual accounts, doing so at the end of the year is a great way to cross one more thing off your list before the ball drops on December 31.

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