In this edition of the reader story, we meet a 30-something tech consultant who often ignored logic and followed his heart, ...
If you’re actively saving for retirement, now’s a good time to review the contributions made so far this year to your retirement accounts to see if you’re on track to meet your 2025 retirement savings ...
The IRS unveiled contribution limit changes for popular retirement plans, including 401(k) plans and IRAs. Americans who contribute to 401(k) and 403(b) plans, as well as governmental 457 plans and ...
As you may recall, in addition to the numerous states Ice Miller represents for employee benefit matters, we also represent the Miller United Pension System in the fifty-first state of Iceville. The ...
The IRS raised the 401(k) contribution limit to $24,500 for 2026 with an $8,000 catch-up for those 50 and over. 401(k) plans often have limited investment options and higher fees compared to IRAs.
The Elective Deferral Limit is the maximum contribution that can be made on a pre-tax basis to a 401(k) or 403(b) plan (Internal Revenue Code section 402(g)(1)). Some still refer to this as the $7,000 ...
The IRS recently announced the new maximum retirement plan contribution limits for 2026, and though I wish there was some way to frame this information in a creative and interesting fashion, you’ll ...
The IRS raised 401(k) contribution limits to $24,500 for 2026, up $1,000 from 2025. Workers aged 50 and older can now contribute up to $32,500 total with the new $8,000 catch-up limit. It sounds nuts, ...
In 2026, new contribution limits will be implemented for 401k and individual retirement accounts. Contribution limits for a 401K will rise to $24,500 next year. And IRA contribution limits are ...
The IRS on Thursday unveiled new contribution limits for 401(k) plans. Individuals will be able to save up to $24,500 in 2026. That’s an increase of $1,000 from the contribution limit in 2025. The ...
Income phase-out ranges for IRAs, Roth IRAs, and Saver’s Credit also increase The Internal Revenue Service has announced a new round of cost-of-living adjustments that will raise contribution limits ...