The IRS just released retirement plan contribution limits for 2024. The good news is that the limits are going up. In this video, we'll cover both the 2023 and 2204 contribution limits and catchup limits. We also include Roth IRA income limits and traditional IRA limits on deducting the contribution.
Finally, we'll look at just how much wealth you can build if you max out these retirement accounts.
The Dough Roller Money Podcast is a finance podcast for easytounderstand advice on managing your money. How to make it, give it, save it, spend it, and invest it in a way that puts you in control of your money and makes it work for you. This fun, relatable and honest podcast shoots straight and helps people understand the big picture as well as the nuances of owning your finances. From retirement planning, best practices for saving, paying off debt, smart investing and so much more. You don’t have to be a financial expert to listen, but you can become one!
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
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