Browsing Tag
401(k) Contribution Limits
38 posts
A 401(k) contribution limit is the maximum amount of money an employee and, if applicable, their employer can contribute to a 401(k) retirement plan in a given year. Set by the IRS, these limits help regulate tax-advantaged savings. Employees can contribute up to an annual cap, and those aged 50 or older may add “catch-up” contributions. Limits can change each year based on inflation adjustments.
Why Cutting Pre-Tax 401(k) Contributions May Be Good (Wait …What?)
President Trump had promised no change to 401(k)s and Republican lawmakers in the House appear to have agreed.…
Dems Dominate 401k Discussion with Alternate Plan Proposal
Senate Democrats seized on rumors of Republican retirement plan contribution cuts, proposing an alternative on Tuesday that would…
What Nobel Winner Thaler Thinks of 401(k) Cuts?
401(k) Contribution Limits spark debate as Nobel winner Richard Thaler shares a contrarian take on retirement savings policies.
Retirement Plan Industry Frets Over Rumored Pre-Tax Contribution Cuts
Financial industry advocacy groups are worried over reports of major cuts to pre-tax retirement plan contribution limits, including 401(k)s.
IRS Releases 401(k), IRA Contribution Limits For 2018
401k contribution limits rise to $18,500 in 2018, with IRA income phase-outs adjusted. Learn how the new rules impact your retirement savings.
How Do 401(k) Plan Sponsors Feel About Tax Reform?
Employers with 401(k)s don’t want contribution limits reduced. To lower taxes, Congress is considering reducing or eliminating pre-tax incentives.
IRS Releases 401(k), IRA Contribution Limits for 2017
The contribution limit for 401(k) plan participants will remain unchanged next year at $18,000, as will the limit…
‘NOLA’ for COLA: 401(k) Contribution Limits Remain Unchanged
Everyone’s favorite collection agency, the Internal Revenue Service announced Wednesday that cost‑of‑living adjustments affecting dollar limitations for 401(k)s…