Tag: 401(k)

812
Posted in Benefits

401(k) Contribution Limits Stay the Same in 2021

The Internal Revenue Service (IRS) has released guidance on cost-of-living increases to the income ranges for determining individual retirement account (IRA) and Roth IRA contribution eligibility, and…

The IRS raised 401(k) contribution limits for 2020.
1463
Posted in Benefits

401(k) Contribution Limits Increase for 2020

The Internal Revenue Service (IRS) released guidance on cost-of-living adjustments affecting contributions to 401(k) plans and other retirement-related items for 2020 because the increase in the…