11/20/2024

IRS 2025 Retirement Plan Contribution Limits

Via notice 2024-80, the IRS has released the 2025 inflation-adjusted contribution limits

The Internal Revenue Service (IRS) has released the 2025 inflation-adjusted contribution limits for retirement plans in Notice 2024-80.

While many retirement plan limits will see increases, the adjustments are smaller compared to previous years.

As a result, your ability to boost retirement savings may be more restricted, depending on the type of plan you have.

Please select this link to read the complete article from OSAP Mission Partner Clark Schaefer Hackett (CSH).