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The IRS has Announced Higher 401(k) and IRA Contribution Limits for 2019

January 16th, 2019

The IRS announced new inflation-adjusted limits for retirement savings plans for 2019. How will it affect you? After six years of a $5,500 contribution limit, savers can now contribute up to $6,000 per year to their IRA accounts. For 401(k)s, the new limit is $19,000, up from $18,500. If you’re 50 years or older, the […]

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