Contribution Limits: No changes to retirement plan contributions for 2016
Contribution Limits: No changes to retirement plan contributions for 2016 Retirement plan contribution limits are indexed for inflation, but with inflation remaining low, the limits remain unchanged for 2016: Nevertheless, if you’re not already maxing out your contributions, you still have an opportunity to save more in 2016. And if you turn age 50 in 2016, you can begin to take advantage of catch-up contributions. However, keep in mind that … Read more