11.01.22 Roth IRA & 401(k) Limits for 2023 / CLARKONOMICS: The Deficit Reckoning

The 401(k) contribution limit has been increased for 2023, but this headline buries the lead: New rules for Roth IRA income and contribution limits. And – Clark-onomics:  The U.S. deficit. Clark explains how we got here since the budget surpluses of the 90's and what we can learn from recent events in the UK.

• New Roth IRA & 401(k) Limits: Segment 1
• Ask Clark: Segment 2
• Clarkonomics: The Deficit: Segment 3
• Ask Clark: Segment 4

Mentioned on the show:

• IRS Announces Record 401(k) Contribution Limit Increase for 2023
• How To Open a Roth IRA
• Best 529 College Savings Plans By State
• Economy, Borrowing Costs to Add Upward Pressure on Federal Deficit
• 4 Ways To Stop Junk Mail
• How Many Credit Cards Should I Have?
• 7 of the Best High-Yield Online Savings Accounts in 2022
• Banks Are Offering 4.5% CDs—Just Not to Regular Customers
• Frequently Asked Questions • Max. your best interest.
• Clark Deals 2022 Sweepstakes

Clark.com resources

• Episode transcripts
• Clark.com daily money newsletter
• Consumer Action Center Free Helpline: 636-492-5275

Learn more about your ad choices: megaphone.fm/adchoices