The IRS has announced the 2021 maximum 401K contribution limit, which is the max you can contribute to a 401K in a given calendar year. The 2021 maximum 401K contribution limit will be the same as the 2020 maximum 401K contribution limit: $19,500 for the year. Read on for expanded details. The IRS adjusts maximum retirement account contribution limits according to changes in the consumer price index (CPI), and the CPI was recently at just 1.4% for all items, year-over-year – therefore, no max 401K contribution increase in 2021. The maximum 401K limit is set annually by the IRS and
The...
[Read the rest of the story at 20somethingfinance.com]
![]()
![]()
![]()
![]()
![]()
![]()
![]()
![]()
[Read the rest of the story at 20somethingfinance.com]