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As expected, Princeton Council officially adopted the comprehensive affordable housing plan that details out how the town will fulfill its state-mandated obligations over the next 10 years. Council’s ...

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A public hearing is scheduled for the Planning Board on Wednesday, June 25 at 7 p.m., when the draft plan is expected to be adopted. Princeton Council may endorse the plan at a special meeting on ...

The maximum contribution to a 401(k) plan that an employee can make ‒ not including matching contributions from an employer ‒ ...

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The catch-up contribution limit that applies to employees aged 50 and up enrolled in most 401 (k), 403 (b), governmental 457 plans and the Thrift Savings Plan will remain at $7,500 for 2025.

Types of 457 Plans Just like a 401 (k) or 403 (b) retirement savings plan, a 457 plan allows you to invest a portion of your salary on a pretax basis.

457 plan contribution and catch-up limits for 2025 The maximum amount you can contribute to a 457 retirement plan in 2025 is $23,500, including any employer contributions.