The IRS's Retirement Gift: 401(k) and IRA Contribution Limits Jump for 2026
The IRS has raised 401(k) limits to $24,500 and IRA limits to $7,500 for 2026. Here's what savers need to know about maximizing their retirement contributions.
183 articles found for "tax"
New York's LLC Transparency Act Takes Effect Today Amid Regulatory Confusion
New York's LLC Transparency Act becomes law on January 1, 2026, but business owners face uncertainty due to missing forms, conflicting definitions, and delayed guidance from state regulators.
The Retirement Revolution: What Every Saver Must Know About 2026's Biggest Changes
Major retirement savings changes take effect in 2026, including higher contribution limits, mandatory Roth catch-ups for high earners, and new super catch-up provisions. What you need to know.
The Long-Term Care Insurance Loophole: How Retirees Can Now Tap 401(k)s Penalty-Free
A new rule effective December 29, 2025 allows retirees under 59.5 to withdraw up to $2,500 annually from retirement accounts penalty-free for long-term care insurance premiums.
Medicare Part B Premium Jumps 9.7% in 2026: The Second-Highest Increase in History
The standard Medicare Part B premium rises to $202.90 in 2026, a 9.7% increase that partially offsets Social Security's 2.8% COLA for millions of retirees.
The 'Super Catch-Up' Is Here: Workers 60-63 Can Now Save Up to $35,750 in Their 401(k) for 2026
A new SECURE 2.0 provision allows workers aged 60-63 to contribute an extra $11,250 to their 401(k) in 2026—$3,250 more than standard catch-up contributions. Here's how to maximize this opportunity.
43-Day Government Shutdown Left the Fed Flying Blind—And Economic Data Still Hasn't Recovered
The longest government shutdown in U.S. history has created lasting damage to economic data collection, with the BLS losing 25% of its staff and October 2025 data lost forever.
IRS Raises 401(k) Limit to $24,500 and IRA to $7,500 for 2026: What Savers Need to Know
The IRS has announced higher retirement contribution limits for 2026, with 401(k)s increasing to $24,500 and IRAs to $7,500, plus new catch-up rules for high earners.
Medicare Part B Premiums Jump $18 Per Month for 2026: How to Prepare for the Increase
Medicare Part B premiums are rising to $202.90 per month in 2026—the largest dollar increase in years. Here's what retirees and pre-retirees need to know.
Gen Z Is Now the Generation Most Likely to Retire Successfully—And They're Doing It Differently
A new Vanguard study finds 47% of Gen Z workers are on track for retirement—more than Millennials, Gen X, or Boomers. Here's how they're doing it.
Your 401(k) Employer Match Deadline Is December 31: Don't Leave Free Money on the Table
December 31 is the cutoff for 2025 401(k) contributions. With employer matches worth up to 6% of salary, workers who haven't maxed out their contributions may be leaving thousands in free money behind.
Trump's Tariffs Cost the Average American Household $1,200 in 2025
Analysis shows Trump's tariff policies added $1,200 to the average household's costs in 2025, with the effective tariff rate reaching its highest level since 1935.