plan or certain other retirement plan options. The maximum SIMPLE IRA employee contribution limit is $16,500 in 2025 (an increase from $16,000 in 2024). Employees who are 50 or older are also ...

As of January 1, 2024, 529 account holders can transfer up to a lifetime limit of $35,000 to a Roth IRA for a beneficiary ... there are no yearly contribution limits to a 529 plan.

If you contribute to an IRA, the limit is $7,000 in 2024, with an additional ... into an individual or solo 401(k) plan, which can have a similar tax impact, contribution limit and end-of-year ...

Responding to a recent call from a financial advisor in Ohio, the ERISA consultants at the Retirement Learning Center (RLC) address a question on SIMPLE IRA catch-up contribution limits.

The SEP IRA allows you to contribute up to 25% of your compensation, or $69,000 in 2024 and $70,000 in 2025 ... re eligible and how much the contribution limits are. A SEP IRA is a retirement ...