High-Income Earners' Retirement Savings

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Income Earners Saving

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You Won't Believe How Much High-Income Earners Save for Retirement

Summary

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83% Informative

High-income earners in the United States make over $500,000 , putting themselves in the top 1% of the wealthiest households in the country.

The median household income in the U.S. in 2022 was $ 74,580 .

As a result, you must make over seven times the typical household income to be a high-income earner.

These plans are available only for executive-level roles high-income earners often occupy.

They can offer these employees a unique tax advantage by allowing them to set aside significant portions of their income for retirement beyond a 401(k)’s limits.

Diversifying investments could help diversify your portfolio and mitigate risk.

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English

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