How much can you contribute to your IRA, Solo 401(k), or other retirement account in 2024? Equity Trust Director of Education John Bowens breaks down the IRA contribution limits for 2024, as well as:
· The difference between the 2023 and 2024 contribution limits
· How much more savers 50 and older can contribute
· What determines your eligibility to contribute to an account
· The power compounding interest can have for those who start saving early
· And more