The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2026 has increased to $24,500, up from $23,500 for 2025. The IRS today also issued ...
24/7 Wall St. on MSN
A Roth IRA Conversion Sounds Smart, but Is It Right for Your 401(k)?
Key Points Rolling a traditional 401(k) into a Roth IRA triggers immediate taxes on the full conversion amount. Roth IRAs ...
Self Employed on MSN
IRS Sets 2026 401(k) Catch-Up Limits
The post IRS Sets 2026 401 (k) Catch-Up Limits appeared first on Self Employed.
Workers ages 50 to 59 will be able to save an additional $8,000 in catch-up contributions, increasing the 2026 maximum to $80,000. Those ages 60 to 63 may even be able to save up to a whopping $83,500 ...
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