(NewsOne)—Now America’s wealth coach, Deborah Owens, stopped by “NewsOne Now” to share some of her year-end money moves which are designed to help you save a few extra dollars as you head into 2015.
Owen’s told Roland Martin and the “NewsOne Now” panel, “There are some things that you need to do before 2015 so that you can keep more money in your pocket.”
The financial guru offered the following money moves as a way to help you out:
Maximize your employer sponsored plan contributions
Contribute as much as you can into your retirement plans this and next year. The limit for employer sponsored retirement plans this year is $17,500 and $23,000 for those 50 and older. Also increase the amount you defer into your 401(k) for 2015; the limits for 2015 are $18,000 and $24,000 for those 50 and older. And if you can’t reach the max, try to contribute enough to receive your employer’s full match.
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