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IRS Increases 2025 401(k) Contribution Limit, Holds IRA Limit
The announcement provides information on all the cost-of-living adjustments affecting dollar limitations for retirement-related items in the tax year 2025.
Increased Share of Workers Credit Employers for Efforts to Reduce Financial Stress
A Schwab survey of 401(k) participants also found increased familiarity with SECURE 2.0 provisions compared with last year.
IRS Announces 2025 Tax Inflation Adjustments
The adjustments affect 60 tax provisions, including health flexible spending plans; tax brackets all saw income threshold increases.