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.
Note: Catch-up contributions do not count towards the 402g limit (or any other limit for that matter). The 402(g) limit of $17,000 in 2012 applies to any and all 401kâs or 403bâs you may have contributed to throughout the year. Itâs not $17,000 for each plan, itâs $17,000 total.As a result, it is possible you may have deposited more than the 401k contribution limits allow.02g Limit on Employee Deferrals. The 402g limit is one of the most commonly known 401k contribution limits for qualified retirement plans (though itâs probably not commonly known as the 402g limit).