Tag Archives: Taxes

IRS Will Keep 401(k) Contribution Limits Steady for Next Year

Contribution limits will remain unchanged next year according to the tax collection agency. Leaving limits at this year’s levels means that 401(k) participants under the age of 50 could contribute a maximum of $16,500, while participants aged 50 and above would be able to contribute up to $22,000.  The announcement made late last week quieted [...]

Posted in Home | Also tagged | Comments closed