IRS sets 401(k) annual contribution limit at $24,500 for 2026
If you’re saving money for retirement via an 401(k) or similar plan sponsored by your employer you’re in luck because there’s a bright future to you for 2026. The IRS has announced a rise in the contribution limit for each year to $24,500, a step up from the previous limit of $23,500 in 2025. This means that … Read more