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magii Reminds Everyone There is Still Time to Take Advantage of 401k Contributions

Every year there is a tax deadline to add as much as possible in to a 401k. magii is here to remind everyone that this year is not over yet.

HAUPPAUGE, N.Y., Aug. 29, 2014 /PRNewswire-iReach/ -- magii, Inc, brings together information so everyone can learn about their 401k contribution options. With this information, everyone will be able to take full advantage of maxing out his or her 401k contributions before the fiscal year end.

(Photo - http://photos.prnewswire.com/prnh/20140828/140863)

Limitations include being able to contribute up to $17,500 in 2014 into a 401k; for those 50 or older, the limit is $23,000; whereas, for individual retirement accounts (IRAs), the contribution limit is $5,500.

Mark Gajowski, CFP, CLU, CEBS founder and CEO of magii says, "There are a few ways you can take advantage of your retirement fund each year. One way is to save a higher percentage of your income all year long, but there is more to it than just that. We do what we do so we can help you maximize your retirement funds, because everyone needs a specific plan tailored to their lifestyle."

magii, Inc is a wealth management firm and retirement advisory firm for successful business executives and near retirees who desire financial peace of mind. magii is located in Long Island, NY and serves clients in New York, New Jersey and Connecticut.

Media Contact: Mark Gajowski, magii, 631-434-8200, [email protected]

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