Before her retirement in 2021, Woulf joined the growing ranks of 401 (k) millionaires, Americans who attain a seven-figure ...

The annual contribution limits for common workplace and individual retirement accounts (IRAs) will increase in the new year, the IRS announced Nov. 13. Thrift Savings Plan participants, along with ...

December 1, 2025 - WASHINGTON — The Internal Revenue Service has announced that the amount individuals can contribute to their 401(k) plans in 2026 has increased to $24,500, up from $23,500 for 2025.

IRA contribution limits are rising to $7,500 for savers under 50 and $8,600 for those 50 and over. 401(k) limits are increasing to $24,500 for savers under 50 and $32,500 for those 50 and over. There ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. There’s a reason it pays to save for retirement in an IRA ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Workers have a choice of tax-advantaged retirement plans ...

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 ...