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.