At Work

IRS raises retirement saving limits for 2019

🤑The limit on annual contributions to an IRA has increased to $6,000 from $5,500 for the 2019 tax year.

🤑The limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is increased from $18,500 to $19,000.

🤑The catch-up contribution limit for employees aged 50 and over who participate in 401(k), 403(b), most 457 plans and the federal government’s Thrift Savings Plan is unchanged at $6,000.

Go get em! Call your plan now, go online and increase your contributions rates.

It’s your future, grab it!

Advertisements

What's your opinion on this post? Readers would like your point of view.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s