Upgrade Your Skills. If your skills need refreshing or you need to acquire a new skillset, there are many free courses online you can take to upgrade your skills. Be sure to include all the new skills you learn on your resume. Computer Skills That Will Help You Get Hired.
If youâre 49 or younger: If you each contribute $17,000 tax-deferred to your respective 401k plans then as a couple you would have reduced your taxable income by $34,000.
Matching 401K or 403b contributions made by your employer are NOT counted toward your annual 401k contribution limits (elective deferrals), $17,500 in 2014. Even if you contribute the maximum amount each year, your employerâs matching contributions are in addition to these 401k limits.or those over 50, SIMPLE IRA or SIMPLE 401(k) plans may permit catch-up contributions up to $2,500. This is above the standard $11,500 contribution limit for SIMPLE IRA plans. You can also make catch-up contributions of up to $1,000 to your Traditional or Roth IRA.