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You Only Have 11 Weeks Left to Make These 3 Retirement Moves


I don't know about you, but to me, it feels like 2023 just started a couple of months ago. Yet somehow we're already halfway through October. The end of the year is coming up fast, and that means you only have a few weeks left to make some key retirement moves. If you hope to do any of the following three things, you'd better start making plans right now.

401(k)s require you to make all your 2023 contributions by Dec. 31 by withholding money from your paychecks. There is no option to make one-time or prior-year contributions like there is with an IRA. So if you hope to stash more money here, talk to your plan administrator about deferring a portion of your paychecks if you're not already.

Image source: Getty Images.

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Source Fool.com


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