401(k) 2026 contribution limit: IRS raises cap to $24,500; Here’s what savers need to know
The Internal Revenue Service (IRS) has increased the annual contribution limit for 401(k) retirement plans in 2026. The IRS has increased retirement contribution limits for 2026, allowing Americans to save more in employer-sponsored plans. (Unsplash) IRS announced in a news statement last year that it has boosted the amount individuals can contribute to their 401(k)s … Read more