ilmscore | New Investing Rules 2023 (401K) #shorts

New Investing Rules 2023 (401K) #shorts

Published: 2022-11-08
Status: Available | Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
The 401k contribution limit will increase to $22,500 in 2023.
"for the 401K the limit will go up by two thousand dollars so to twenty two thousand five hundred dollars in 2023"
401k contribution limit
Pending
The 403b contribution limit will mirror the 401k limit, increasing to $22,500 in 2023.
"the same would be applied to 403 b accounts"
403b contribution limit
Pending
The 457 contribution limit will mirror the 401k limit, increasing to $22,500 in 2023.
"the same limit will be applied to most 457 accounts"
457 contribution limit
Pending
Individuals aged 50 and over will have a catch-up contribution limit of $30,000 per year for 401k accounts in 2023.
"if your age is 50 and up you can play catch up and your limit will be increased to thirty thousand dollars per year"
401k catch-up contribution limit
Pending