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11/25/2025 / Last updated : 11/24/2025 editor 1 Legal

IRS Increases Contribution Limits for 2026 Benefit Plans

The Internal Revenue Service (IRS) recently announced that the amount individuals can contribute to their 401(k) plans in 2026 has increased to $24,500, up from $23,500 for 2025.  The IRS also issued technical guidance regarding all cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2026. IRS:401(k) limit increases to $24,500 […]

11/25/2024 / Last updated : 11/25/2024 editor 1 Legal

IRS Increases Limits for 2025 Benefit Plans

The Internal Revenue Service recently announced its cost-of-living adjustments applicable to dollar limitations on benefits and contributions for retirement plans generally effective for Tax Year 2025. Jackson Lewis:2025 Cost of Living Adjustments for Retirement Plans

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