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For example, when I startedcontributing to my 401k in 1999, the maximum contribution limit was only $10,000. If you are a 40 year old, it's best to focus on the Mid End column. This chart does not take into consideration any after-tax savings post 401K contributions. However, the hig...
Learn how to invest in stocks Key terms Key term Definition Return The profit or loss on an investment since its purchase. If you bought a stock for $10 and it's worth $11 now, that's a 10% return. Index A group of stocks whose performance is used as a measuring stick for the wh...