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  2. Here are the biggest retirement changes coming in 2023 - AOL

    www.aol.com/finance/biggest-retirement-changes...

    The Internal Revenue Service announced record-high maximum annual contributions to 401 (k) and similar retirement accounts for 2023. Workers who have a 401 (k), 403 (b), most 457 plans, and the ...

  3. The year-to-date inflation rate was 3.7% in August 2023 compared to a much higher 8.3% in August 2022. ... cut your monthly spending and reduce high-interest debts that make it harder to save ...

  4. The Future of Retirement: How Costs Will Change for the Next ...

    www.aol.com/future-retirement-costs-change-next...

    At the Federal Reserve’s target inflation rate of 2%, in 15 years $1 million will be worth around just $603,000. To know how much you’ll need, whether you’re 20 or 60, Luke T. Sturges, CEO ...

  5. 5 retirement savings changes coming in 2024 - AOL

    www.aol.com/finance/5-retirement-savings-changes...

    The Secure 2.0 Act will allow 529 college savings plan owners to use some unused funds for the beneficiary’s retirement beginning in 2024, but there are several important rules. “In general ...

  6. Interest Rate Hikes Are Paused: What That Means for Your ...

    www.aol.com/fed-pausing-interest-rate-hikes...

    What That Means for Your Retirement and Savings Plans appeared first on SmartAsset Blog. The Federal Reserve is pressing pause on its series of interest rate hikes designed to tame inflation ...

  7. Cash balance plan - Wikipedia

    en.wikipedia.org/wiki/Cash_balance_plan

    A cash balance plan is a defined benefit retirement plan that maintains hypothetical individual employee accounts like a defined contribution plan. The hypothetical nature of the individual accounts was crucial in the early adoption of such plans because it enabled conversion of traditional plans without declaring a plan termination .

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