The IRS calls the 401(k ... Employee And Employer Match 401(k) Contribution Limits For 2024 The 401(k) contribution limit for 2024 for you and your employer combined is $69,000, exclusive ...

T he Internal Revenue Service (IRS) has announced higher contribution limits for 401(k) plans in 2024 and 2025. In 2024, the employee contribution limit will increase to $23,000, with the catch-up ...

For many older workers, especially those who are now nearing retirement, this can represent a key opportunity to bolster ...

If you're getting ready to file your 2024 taxes, having some helpful tips can make the process smoother. Tax season is around the corner and taxpayers can submit their returns starting Jan. 27. Most ...

Employers who don’t offer retirement planning advice should encourage their older employees, particularly those 60-63, to consult with accountants or tax preparers to benefit from the “super” catch-up ...

The Internal Revenue Service (IRS) recently updated its rules concerning individual retirement accounts (IRAs) for 2025. The annual contribution limits will remain the same this year, as detailed ...

We are into 2025, and the tax-filing season is open. Our firm has begun preparing both business and personal tax returns for 2024. However, despite the calendar year changing to a new year, there ...

If you're already investing in a 401(k), or if you want to start, you should be aware that some key IRS changes are ... The maximum individual contribution jumped up to $23,500 in 2025. Most people ...

The IRS doesn’t impose a contribution limit on 529 plans, unlike for other tax-advantaged accounts such as 401(k)s and Roth IRAs, though some limits do exist. States often impose their own lifet ...

The catch-up contribution limit for employees 50 and over who participate in SIMPLE plans remains $3,500 for 2025. The limit on annual contributions to an IRA remains $7,000. The IRA catch up ...