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Another way to get additional saving is through their employer’s matching contributions, often at 4% or more of their salary. There are exceptions that not all employers provide matching and the $ amount varies. If you are the fortunate ones that matching is available, so much the better with this “free money” for your retirement funds. Compounded growth of retirement do wonder when you start early in your career.
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https://irs.gov/newsroom/401k-limit-increases-to-23500-for-2025-ira-limit-remains-7000
Another way to get additional saving is through their employer’s matching contributions, often at 4% or more of their salary. There are exceptions that not all employers provide matching and the $ amount varies. If you are the fortunate ones that matching is available, so much the better with this “free money” for your retirement funds. Compounded growth of retirement do wonder when you start early in your career.