WASHINGTON -- The IRS announced last week it is raising the contribution limit for those enrolled in a 401(k) plan in 2025, ...

Leave it behind, move it to your new job’s plan, or roll it over to an IRA. Each of the options has pros and cons.

WASHINGTON — The Internal Revenue Service announced the amount individuals can contribute to their 401(k) plans in 2024 has increased to $23,000, up from $22,500 for 2023. The IRS also issued ...

Maryland has paid $5.4 million to the Internal Revenue Service after a rare IRS audit of the state found it owed millions of ...

To meet the minimum 2% contribution, the employee would still be allowed to make elective contributions to the 401K plan. The IRS does mention that: The SLR nonelective contribution will not be ...

Disclosure: We are reader-supported. If you buy through links in our post, we may earn a commission. This is not financial ...

Thanks to the SECURE 2.0 Act and new implementation guidelines from the IRS, qualified loan payments can be treated as qualified retirement contributions, making them eligible for a 401(k ...