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www.nada.org. The National Automobile Dealers Association (NADA) is an American trade organization representing nearly 16,500 franchised new car and truck dealerships, both domestic and foreign. Established in 1917, the organization is based in Tysons Corner, Virginia. As the automotive retail industry's primary trade association, NADA monitors ...
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In 2024 the annual limit on contributions is $23,000 in both 403(b) and 401(k) accounts for those under age 50. Those 50 and older can make catch-up contributions of an incremental $7,500 per year.
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Based on its popularity, you could argue that it's the retirement account. According to the latest U.S. Census data, over 34% of working-age people (15 to 64 years old) owned a 401(k).
Combined with Social Security, these accounts will be the primary sources of your retirement income. Be Aware: 6 Changes Coming to Social Security in 2024 and Who Could Be Affected Most
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