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It’s official! IRS announces 401(k) contribution limits for 2025
The IRS announced today it will increase 401(k) contribution limits to $23,500 (from $23,000 in 2024), the same increase as last year, while limits for employees over 50 remains unchanged.
86% of Americans say all workers should have a pension, not just public workers
While companies like Boeing and 3M are phasing out their pension plans, more and more employees see the pension as a way to restore the American Dream of retirement, according to the National Institute on Retirement Security.
80% of plan sponsors rely on advisors, as retirement landscape becomes more complex
With many plans expanding more investment options and educating participants now more important than ever, many plan sponsors are outsourcing advisory and fiduciary responsibilities, says new Morgan Stanley survey.
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