Tips and resources that everyone can use
Amp Up Your Savings
In 2017, anyone at least 50 years old can contribute up to $24,000 to a 401(k).1 Even if that amount seems beyond your reach, you should make it a goal to save more this year than last, and increase your savings by at least one percentage point a year. If your company’s retirement plan offers an employer-matching contribution, take advantage of the maximum amount allowed, if you can. Expect a raise next year? Consider setting aside half of it for retirement.