Rising Financial Stress Threatens Retirement Security for Many U.S. Workers
Allwork
SEPTEMBER 8, 2023
A recent CNBC Your Money Survey has shed light on a growing concern among Americans: rising financial stress and its direct impact on retirement savings. The 401(k) contribution limits in 2023 stand at $22,500 for workers under 50, with an additional $7,500 “catch-up” for those 50 and older, according to CNBC.
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