COLA can sweeten retirement and health accounts

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FINANCIAL FOCUS COLUMN

It’s usually a good idea to contribute to the tax-advantaged retirement and health care accounts available to you. And here’s some good news: In 2024, you can put even more into these accounts. The Internal Revenue Service (IRS) announced these cost-of-living adjustments: Individual Retirement Account (IRA) – You can contribute up to $7,000 to an IRA for 2024, up from $6,...

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