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There's Only 28 Days Left for Seniors to Avoid This Major Retirement Mistake in 2022

There's Only 28 Days Left for Seniors to Avoid This Major Retirement Mistake in 2022

For those nearing retirement, it could be taking advantage of catch-up contributions. It's easy to think of our retirement savings as our own hard-earned cash, but if you're storing it in a tax-deferred account, part of it belongs to the government whenever you withdraw it. For most of your life, you get to choose how much you withdraw from your retirement accounts and when.