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The 401(k) Contribution Limits for 2023 Are Better Than Ever

TheMotleyFool

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The 401(k) Contribution Limits for 2023 Are Better Than Ever: https://g.foolcdn.com/editorial/images/705787/person-celebrating-victory-while-looking-at-computer.jpg

If you want to get a head start on your 401(k) contribution plans for 2023, now is a good time to get the ball rolling. The IRS just announced the 401(k) contribution limits for 2023, and they are higher than ever, making it easier for you to invest and get closer to your retirement goals.

Image source: Getty Images.

A 401(k) is an employer-sponsored retirement account that can help you tap into your best life during retirement. If you've been on the fence about opening a 401(k) or contributing to one you already have, here are some benefits that may cause you to have a change of heart:

Source Fool.com

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