IRS announces pension and retirement plan contribution adjustments for 2025
A sign is displayed outside the Internal Revenue Service building May 4, 2021, in Washington. On Friday, Aug. 19, 2022. (AP Photo/Patrick Semansky, File)/ WASHINGTON (AP) — The IRS on Friday announced an increase to the amount individuals can contribute to their 401(k) plans in 2025 — to $23,500, up from $23,000 in 2024. detailed the increases in its annual cost-of-living adjustments for pension plans and other retirement accounts./ Workers who participate in 403(b) and the federal government’s Thrift Savings Plan will also be able to ...
Click
To Read Full Article