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Amanda Mano Amanda Mano 5 days ago in Finance 0

If you didn't make saving for retirement a priority early in life, it's not too late to catch up. At age 50, you can start making extra contributions to your tax-sheltered retirement accounts (called catch-up contributions). Younger workers can only contribute $19,500 to their 401(k)s and $6,000 to their IRAs in 2020.

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