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Securing a cushy retirement might get easier next year. Learn how projected contribution limit increases could plump up your savings. Krakenimages.com / Shutterstock.com
Inflation appears to be on the wane, but it is still likely running hot enough to give a little boost to your efforts to save through a workplace retirement plan. The base contribution limit for 401(k), 403(b) and eligible 457 plans is likely to rise again for 2024, to $23,000, according to projections from the asset management firm Mercer. That would be a $500 increase from the base limit for…
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