401(k) Contribution Limits Are Going Up in 2025
This is a big month for retirement savers. On Nov. 1, the IRS announced cost-of-living adjustments for 401(k) plans, and the contribution limits are going up for 2025.
If you're planning ahead before 2025 rolls around, now's the perfect time to set up a strategy. With these higher limits, you can crush your retirement savings goals and make the most of every penny.
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Source Fool.com
