New 401(k) and IRA contribution limits announced
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and how your retirement planning might change in 2025.
2025 401(k) and IRA contribution limits: What you need to know
For those not saving for retirement through an employee-sponsored 401K, but make deposits to an IRA or Roth IRA - the annual contribution remains at $7,000 The IRS says all the changes are part of a 2025 cost-of-living adjustment.
IRS boosts 401(k) contribution limits for 2025, adds "super catch-up" for 60-63 year olds
But thanks to the SECURE 2.0 Act, those between 60 and 63 years old have a higher catch-up contribution limit of $11,250 in 2025. That’s a significant hike, allowing these employees to contribute a total of $34,750 into their 401 (k) plan in 2025.
IRS Announces Increased Contribution Limits for Retirement Plans in 2025
The Internal Revenue Service (IRS) has announced an increase in the contribution limits for various retirement savings plans for the year 2025, marking a continued effort to enhance
Retirement account limits will increase in 2025
The Internal Revenue Service (IRS) has announced that employees can contribute up to $23,500 to their 401(k) plans in 2025, an increase from the previous l
Contribution Limits for 401(k)s Will Have a ‘Super’ Twist Next Year
(k) contribution limit for 2025. A 401(k) is an employer-sponsored plan that allows workers to allocate a portion of their income to a tax-advantaged account. You contribute pr
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IRS increases 401(k), other retirement plan contribution limits for 2025
The Internal Revenue Service (IRS) on Friday announced that it increased the amount that individuals can contribute to ...
Here’s why Maryland paid the IRS $5.4 million in taxes
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IRS Announces 2025 Retirement Plan Limits: Modest Increases
The dollar limit for catch-up contributions (if age 50 or older) remains the same as the 2024 limit and the IRS announced the catch-up contributions for participants who attain age 60, 61, 62 or 63 ...
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IRS raises 401(k) contribution limits, adds super catch-up for 60-63 year olds in 2025
Contribution limits for 401(k) and other workplace retirement plans rise for 2025. Sixty- to 63-year-olds get a super ...
Why Delaware is not a part of free IRS Direct File program yet
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