If you plan to max out your contributions to your 401(k) or IRA next year, you will get to save a little more than you could this year.
The IRS on Thursday announced cost-of-living adjustments to federal contribution limits for 2026 for key retirement savings vehicles.
401(k) participants will be allowed to put away up to $24,500 next year, a $1,000 increase from the current limit.
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