fne8w2ah@lemmy.world to News@lemmy.world · 1 year agoOver half of Americans say they're not even close to financial freedomscrippsnews.comexternal-linkmessage-square197fedilinkarrow-up1861cross-posted to: personalfinance@lemmy.ml
arrow-up1861external-linkOver half of Americans say they're not even close to financial freedomscrippsnews.comfne8w2ah@lemmy.world to News@lemmy.world · 1 year agomessage-square197fedilinkcross-posted to: personalfinance@lemmy.ml
minus-squareHubertManne@kbin.sociallinkfedilinkarrow-up1·1 year agoI doubt your maxing your 401k. I assume you mean the amount needed to get maximum match from your employer?
minus-squareplutus@lemm.eelinkfedilinkarrow-up2·1 year agoPre-tax 401k contribution limit is $22,500 in 2023. Plenty of people are able to contribute up to that limit.
minus-squareHubertManne@kbin.sociallinkfedilinkarrow-up1·1 year agoMust be nice. I maxed ira in the past but this is beyond me barring winning the lottery. Of course then I would likely not have a 401k.
I doubt your maxing your 401k. I assume you mean the amount needed to get maximum match from your employer?
Pre-tax 401k contribution limit is $22,500 in 2023. Plenty of people are able to contribute up to that limit.
Must be nice. I maxed ira in the past but this is beyond me barring winning the lottery. Of course then I would likely not have a 401k.