(CNN) — If you plan to max out your contributions to your 401(k) or IRA next year, you will get to save a little more than you could this year. The IRS on Thursday announced cost-of-living adjustments ...
The standard 401 (k) contribution limit for 2025 is $23,500. If you're over 50, you can add another $7,500 in catch-up contributions, bringing your total to $31,000. For workers 60 to 63, there is a ...
Income thresholds for Roth IRA contributions rise in 2025, while some older workers can boost catch-up contributions.
(NEXSTAR) – If you’re hoping to set aside more funds for your retirement next year, you’re in luck. The IRS is raising the contribution limits for 401(k) plans and IRAs in 2026. The updates come a ...
The IRS has increased SIMPLE IRA contribution limits for 2026, allowing employees under 50 to save up to $17,000 and those 50 or older up to $21,000, with higher limits for certain small businesses.
I'll be honest… I nerd out whenever the IRS bumps retirement limits. It's like a little tax-advantaged gift I can use every year going forward. The IRS just officially raised IRA contribution limits ...
Roth IRAs are one of the two main types of individual retirement accounts, the other being traditional IRAs. Traditional IRAs typically use pre-tax or tax-deductible contributions, giving you a tax ...
The IRS has increased 2026 contribution limits for both 401(k) and SIMPLE IRA plans, giving workers more opportunity to save for retirement. The 401(k) limit rises to $24,500, with higher catch-up and ...