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Year-End Push For Retirement Savings

RetirementPaperworkWe’re only four months away from the end of the year, which means it’s crunch time for you if you’re trying to bulk up your retirement savings before December. Today’s article explains how to do it in six ways. Here’s one, “Consider opening an after-tax savings account. If you find yourself hitting up against the savings limit on your tax-shielded retirement account, consider opening an additional after-tax account that’s dedicated to your retirement. Just because the law prohibits you from putting more than $17,500 into your 401(k) doesn’t mean that’s all you should be saving – it’s just all you’ll be saving out of pre-tax money.” To read more, CLICK HERE.