A lot has changed in 2020, but contributions limits will remain relatively consistent going forward. The IRS recently announced the 2021 contribution limits. The most notable change specific to retirement plans is that the annual deferred contribution limit will increase from $57,000 in 2020 to $58,000 in 2021.
Here are the applicable updates for the coming year.
Please let us know if you have any questions. We look forward to working with you in 2021. Take good care.
As 2019 is coming to an end, your team at Human Investing is wishing you a Happy New Year! We hope that you have a healthy and prosperous 2020.
Since 2020 is just around the corner, we would like to share some updates on the contribution limits applicable for the new year.
The IRS has posted the following updates:
Our team at Human Investing is here to help ensure you are maximizing your retirement savings. Please do not hesitate to contact us if you have any questions. Click here to be directed to the IRS website for further information.
Happy New Year from your team at Human Investing! We would like to help guide you in your 2019 New Year's resolution of saving appropriately. You may already know but the 2019 limits of how much you can save differs from 2018 amounts. See below for your 2019 contribution limits. Human Investing is here to help make sure you are maximizing your retirement savings. Give us a call 503.905.3100 with any questions. Click here to be directed to the IRS website for further information.
Will Kellar, CFP®
Will is motivated by the opportunity to serve hardworking people and their financial pursuits, through advocacy, problem solving and great advice. He’s a CERTIFIED FINANCIAL PLANNER™ practitioner who loves the feeling of when our team makes a positive tangible impact in someone's life. He’s also serving as an adjunct professor of Retirement Planning at George Fox University.
Happy New Year from your Advisors at Human Investing! Now that 2018 is in full swing we wanted to check in to make sure you are staying up with your New Year's resolution of saving appropriately. You may already know but the 2018 limits of how much you can save may differ from 2017 amounts. See below for your 2018 contribution limits. Want help making sure you are maximizing your retirement savings, we're here to help. Call our office at 503-905-3100 with any questions. Click here to be directed to the IRS website for further information.
Will Kellar, CFP®
Will is motivated by the opportunity to serve hardworking people and their financial pursuits, through advocacy, problem solving and great advice. He’s a CERTIFIED FINANCIAL PLANNER™ practitioner who loves the feeling of when our team makes a positive tangible impact in someone's life. He’s also serving as an adjunct professor of Retirement Planning at George Fox University.
