The 401(k) millionaire club is growing. There were 654,000 401(k) millionaires at Fidelity as of the third quarter—the highest level in records going back to the early 2000s. Many are part of a ...
Retirement savings form a core pillar of financial security for millions of Americans. The health of 401(k) and IRA balances signals not only the state of individual household finances but also the ...
Employees enrolled in 401(k) plans will be able to contribute up to $24,500 to those plans in 2026, an increase of $1,000 from last year’s cap of $23,500, the IRS announced Thursday. The new annual ...
Millions of workers saving for retirement now know how much money they can stash next year in 401(k)s and other tax-advantaged retirement accounts. The annual announcement from the Internal Revenue ...
Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist, LA ...
The IRS is boosting retirement plan contribution limits in 2026, allowing Americans to put more money in their tax-preferred 401(k) and individual retirement accounts. The tax agency, which announced ...
Americans will be allowed to contribute more of their money to 401(k) and similar retirement saving plans next year. The IRS said Thursday the maximum contribution that an individual can make in 2026 ...
The IRS raised the 401(k) contribution limit to $24,500 for 2026, giving workers another $1,000 in tax-deferred savings room — though only a fraction of employees take full advantage of the cap. The ...
The Internal Revenue Service increased the annual retirement plan contribution limits for 2026 thanks to cost-of-living adjustments for inflation. Processing Content The maximum limit for 401(k) plans ...
The 401(k) catch-up contribution limit will increase to $8,000 in 2026, up from $7,500 for 2025 for many who are 50 and older. Some participants who are 50 and older can contribute up to $32,500 each ...
The IRS on Nov. 13 announced the new contribution and benefit limits for 2026 for 401(k)s, IRAs, 403(b)s, 457s and more. Most significantly, the amount individuals can contribute to their 401(k) plans ...
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