401(k) limit increases to $25,500 for 2027, IRA limit remains $7,500

Ruralinfo

Administrator
Staff member
WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2027 has increased to $25,500, up from $24,500 for 2026.
 
That’s great they’re letting us know about something that doesn’t become effective til next year. How about something that starts tomorrow like the new salary schedule.
 
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