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How to maximize your 401k and other savings

Getting your savings in order will help you in the long run

SEATTLE — Financial planner Sarah Cecil shares her tips to improve your savings accounts and 401k.

  • Early Retirement Years: Get your employer match and evaluate Roth 401K. Time is valuable even on small amounts
  • High-Income Years: Increase beyond your employer match and raise at each pay increase.
  • Peak Earning Years:  Catch-up contributions. Basic limits in 2020 are $19,500. Over 50 years, another $6,500.

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