401k Contribution Maximum Limits 2016

401k Contribution Maximum Limits 2014

Each year the IRS lays out rules that determine the maximum contribution an individual may contribute to a 401(k). Generally, the IRS adjusts this amount with inflation, and these 401k contribution limits and withdrawal rules are changing both in the years 2015 and 2016. This is important because 401k's, along with … [Read more...]

2016 SEP IRA Contribution Maximums & 2015 Limits

2014 SEP IRA Contribution Maximums & 2013 Limits

SEP IRA contribution limits for 2015 are changing. SEP's are Simplified Employee Pension (plans).  You can benefit from a SEP IRA if you own a small business or are self-employed.  The federal government rules let you use an SEP plan as an easy way to contribute to your employees' retirement savings or your own … [Read more...]