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If you have a 401(k), or plan to have one soon, you might want to know about the SECURE 2.0 Act. ... Increased Contribution Limits. ... Looking Ahead to 401(k) Changes in 2026 and 2027.
The IRS updated the 401(k) contribution limits for 2025 and now allows people between 60 and 63 to save an additional $15,000 over four years. The IRS updated the 401(k) contribution limits for ...
The total possible contribution allowed in a 401(k) plan is $34,750 for those aged 60 through 63 in 2025. The most savings allowed in a 401(k) is $31,000 in 2025 for other employees aged 50 ...
Come next year, you will be allowed to save a little more in your 401(k) on a tax-deferred basis than you can this year, unless you’re in your early 60s, in which case for the first time you ...
Some retirment savers can make larger 401(k) contributions in 2025 thanks to an obscure change made in the SECURE 2.0 act.
The IRS recently announced some welcome news for higher-income workers with 401(k)s and similar retirement plans. The agency delayed implementing a new rule that would have required catch-up ...