Here's how the new IRS inflation adjustments are increasing the contribution limits for your 401(k) and IRA in the new year.

When people are in their 20s and even 30s, they often focus their finances on paying off debts, starting a family, and buying ...

Changes to pre-tax 401(k) contribution limits passed by Congress mean high earners over 50 may have to look elsewhere to ...

The limit on annual contributions to an IRA is increased to $7,500 from $7,000. The IRA catch‑up contribution limit for individuals aged 50 and over was amended under the SECURE 2.0 Act of 2022 ...

Signed into law at the end of 2022 by President Joe Biden, the SECURE ACT 2.0 was focused on encouraging people to build a larger nest egg for retirement. It includes major changes to 401 (k), IRA, ...

The Internal Revenue Service has announced a major change to 401 (k) contributions for certain workers. Workers ages 50 and ...

Although the new tax cuts and deductions have captured much public discourse, a small change baked into the SECURE Act 2.0 ...

If you plan to max out your contributions to your 401(k) or IRA next year, you will get to save a little more than you could this year. The IRS on Thursday announced cost-of-living adjustments to ...

So, what's wrong with maxing out your 401 (k)? Actually, a lot of things. For one thing, the contribution limits are really high. In 2026, the contribution limit for a 401 (k) is $24,500. It's higher ...

There’s a reason it pays to save for retirement in an IRA or 401(k). These accounts give you a tax break on your money, whereas a regular brokerage account won’t. With a traditional IRA or 401(k), ...

Choosing between investing in a 401(k), IRA or taxable account comes down to your financial goals, risk tolerance and financial situation. Determining whether you should max out your 401(k) before ...