
Perspective: 2025 Retirement Account Limits Increase Amid Inflation Adjustments
The IRS recently announced adjusted contribution limits for retirement accounts in 2025, addressing inflation's impact on retirement savings. These adjustments, outlined in Notice 2024-80, affect a range of retirement plans, including 401(k) plans, 403(b) plans, individual retirement arrangements (IRAs), and the federal government’s Thrift Savings Plan (TSP). 401(k) and Similar Plans See Increased Contribution Limit Starting in 2025, individuals can... read more »