Chicago Metropolitan Water Reclamation District rehired Corebridge Financial as record keeper for its $340 million 457 plan. The district’s board of commissioners approved the hiring at its Nov ...
Maximum salary-reduction contribution for an individual to a 401(k) plan or a 403(b) plan or to most 457 plans $23,000 $23,500 New maximum catch-up contribution for an individual age 60 to 63 ...
The IRS's contribution limit for 401(k) plans is higher in 2025, although the cap for IRAs is staying the same.
The annual contribution limit for employees who participate in 401(k), 403(b), governmental 457 plans, and the federal ...
The Internal Revenue Service (IRS) has released Notice 2024-80, detailing the cost-of-living adjustments for retirement plans ...
retirement plans, governmental 457 plans and the federal government's Thrift Savings Plan. IRS SETS NEW TAX BRACKETS, RAISES STANDARD DEDUCTION FOR 2025 The IRS also considers adjustments to the ...
The Internal Revenue Service (IRS) has announced that employees can contribute up to $23,500 to their 401(k) plans in 2025, ...
If you want to become wealthy, an essential habit you should create is regularly investing a portion of your income in a ...
The new limit also applies to governmental 457 plans, 403(b)s and the federal government’s Thrift Savings Plan. For workers age 50 and older, the catch-up contribution is $7,500, unchanged from ...
The Internal Revenue Service said Friday that 401(k) contribution limits will climb to $23,500 next year, meaning retirement ...
The IRS has announced the cost‑of‑living adjustments for pension plans and other retirement-related items for tax year 2025.