10/23/2014 -IRS Announces 2015 Retirement Plan Contribution Limits For 401(k)s And More (Forbes)

Oct 23, 2014 Comments Off by

The Treasury Department has announced inflation-adjusted figures for retirement account savings for 2015, and this year there’s extra room for savings for wage and salary types and the self-employed. If you have a 401(k), a SEP-IRA, or a SIMPLE, pay attention and if you can swing it, bump up your contributions to the new max. You can stuff $18,000–or $24,000 if you’re 50 or older–into a 401(k), for example. Here are the details.

Read the full article at Forbes.

Financial Landing 2014

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