Retirement plans in the United States: Latest News, Top Stories & Analysis - Page 2 of 2

IRS Announces Increased 401(k) Contribution Limits for 2024

November 7, 2023November 6, 2023 - by Maryann Pugh

The Internal Revenue Service (IRS) recently announced that the amount individuals can contribute to their 401(k) plans in 2024 will increase to $23,000, up from the 2023 limit of $22,500. …

Personal Finance

Big Changes to 401(k)s, Annuities and IRAs

January 2, 2020January 2, 2020 - by Kari Springer

Beginning on January 1, 2020, after nearly three years, the Setting Every Community Up for Retirement Enhancement (SECURE) Act became effective. The bill impacts how money is saved for retirement …