The Internal Revenue Service (IRS), in November, announced that it had increased the amount that individuals can contribute to their 401(k) and other retirement plans to account for inflation.
403(b)s, or tax-sheltered annuities, are retirement plans for public school employees, tax-exempt organizations, churches, and other nonprofit companies. Similar to a 401(k), 403(b)s may offer the ...
The IRS released its updated contribution limits and adjustments to eligibility thresholds for 401(k) plans, IRAs and other ...
Less common retirement and benefit plans include ... on a pretax basis in the same manner as a 401(k) or other traditional plans. Vesting is always immediate, and employees who leave to work ...
Similarly, the system depends on new employers offering retirement plans to replace plan closures. Expanding access to employer-sponsored retirement plans is essential to ensuring Americans are ...
These plans are restricted to employers who don’t have any other active qualified retirement plans. In 2025, contributions are limited to the lesser of 25% or $70,000 of compensation.