“If you have not maxed out your IRA and 401k, you can do that. With every raise, aim to increase your savings rate.”
“Pull up your last few pay stubs… compare that against the annual limit… increase your contribution percentage for just the last few paychecks of the year”
Amanda Kish · Motley Fool Hidden Gems Investing · Act Now to Lower Taxes for 2026
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What was described
Pull up recent pay stubs, compare year-to-date retirement contributions against 2026 limits, and increase contribution percentage for the last few paychecks to max out 401k/403b/IRA
401k/403b limit $24,500 + $8,000 catch-up; IRA limit $7,500 or $8,600 with catch-up
Said nearby on the same subject
“We're contributing, you know, 600 bucks a month automatically to our Roth IRAs”
“We've got a flat tax rate... contribute, pay 15% tax, 10% capital gains tax until retirement. And then you pay no tax.”
“If you're looking to make sure that you get all your money in, don't get confused with the IRA deadlines... employee contributions must be by year-end.”
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