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IRS is Now Allowing More Retirement Savings to Americans

Posted on October 22, 2022 By Newswire

The Internal Revenue Service (IRS) announced the largest-ever increase in 401(k) contributions, thus allowing Americans to save more money for retirement in tax-deferred accounts. However, the data suggests only a small number of Americans will be able to save more money for retirement, due to surging inflation and the increasing cost of living. Americans Can […]

The post IRS is Now Allowing More Retirement Savings to Americans appeared first on rightwingheadlines.

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