Dec 12, 2019 | Industry News, Regulatory Updates, Retirement Services
The Internal Revenue Service announced that employees in 401(k) plans will be able to contribute up to $19,500 in 2020. In addition, dollar limitations for pension plans and other retirement-related items for tax year 2020 were announced. Highlights of changes for...
Contribution Limit Increases for 401(k) Plans, IRAs, and More!
Nov 30, 2018 | Human Resources, Retirement Services
The IRS has announced new contribution limits to retirement plans. These plans include 401(k) plans, 403(b), most 457 plans, SIMPLE IRAs, IRAs, and the Federal Government Thrift Savings plan. Retirement Limit Increases The retirement limit for 401(k) plans, 403(b),...