IRS Announces 2016 Retirement Plan Contribution Limits

The Treasury Department has presented the inflation-adjusted figures for retirement account savings for 2016. Although there was a small increase in the amount you could contribute for 2015, the cost-of living index didn’t meet the legal thresholds and the same increase remained the same for 2016! Read Forbes’ article discussing the topic of 2016 retirement plan contributions limits.

Read more here!

Source: Ashlea Ebeling, Forbes

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