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I.R.S. Is Raising 401(k) Contribution Limits in 2019

Updated: Nov 14, 2018

While not much, your annual contribution to your retirement plan is increasing by $500 next year. These additional monies can grow over time. The Internal Revenue Service this month that the employee contribution limit for 401(k) and similar workplace retirement plans will be $19,000 next year, up from $18,500.

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