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1:25
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CNBC
The IRS has announced new 401(k) contribution limits for 2026, increasing the employee deferral limit to $24,500 next year, up from $23,500 in 2025. The agency also unveiled
CNBC. CNBC · Original audio. The IRS has announced new 401(k) contribution limits for 2026, increasing the employee deferral limit to $24,500 next year, up from $23,500 in 2025. The agency also unveiled 2026 catch-up contribution limits for savers age 50 and older, new individual retirement account savings limits and higher income thresholds ...
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If you’re over 20, you need to know this! These are the basics of the 401k and IRA. These retirement accounts can be the difference between retiring with dignity or working forever. This breakdown explains how a 401k vs IRA works, contribution limits, tax advantages, and what every beginner needs to know. Are you using a 401k, an IRA, or neither right now? #401k #IRA #RetirementPlanning #PersonalFinance #FinancialLiteracy | Money Coach Dave
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