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DeerFlyHater t1_jegulkl wrote

Reply to comment by smartest_kobold in A good article re: repealing interests and dividends tax by BelichicksBurner

Not older than 50. 401K limits are 22,5 for 2023 which is way up 2K from 22. IRA limits are 6,5 for 2023 which is up 500 from 22.

While I just went to public school, I don't think that adds up to 37k.

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smartest_kobold t1_jegxb4a wrote

The numbers change after 50, but you put away $28k last year and $29k this year. Probably more in another tax shelter like life insurance. Plus at least $60k in other investments and probably some home equity.

Why are you pretending to be working class?

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