If you’re a small business owner or employee looking for a simple, tax-advantaged way to save for retirement, a SIMPLE IRA might be your best option. The IRS has confirmed that SIMPLE IRA contribution ...
2025 IRA contribution limits are $7,000 for those under age 50 and $8,000 for those over 50; the same as they were in 2024. SEP-IRA contribution limits for 2025 are $70,000 or 25% of employee ...
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 to ...
The Internal Revenue Service has announced higher contribution limits for 401(k) and individual retirement accounts for 2026, giving savers and their advisors new benchmarks as they plan for the ...
The IRS has announced that the amount of tax-favored funds that you can sock away for retirement is increasing. In 2026, the amount most individuals can contribute to their 401(k) plans will tick up ...
The raised limits take into account cost-of-living adjustments and impact pension plans and other retirement-related items for tax year 2026. The IRS on Thursday announced the annual contribution ...
Americans will be able to save more for retirement in 2026, and the changes go well beyond a routine cost-of-living adjustment. New IRS contribution limits, combined with a major shift in the rules ...