Canadian pension plans are so healthy that employers are taking contribution holidays, but the good times may not last, says human resources consultant Mercer (Canada) Ltd. “Surpluses have been increasing…
Tag:
Contribution
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The maximum employee 401(k) contribution limit for 2026 is increasing by $1,000 to $24,500 according to the IRS. For workers over 50, the catch-up contribution rises to $8,000, bringing the total to $32,500.…
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While there are no specific 529 plan contribution limits, most people consider the $19,000 annual gift tax exclusion to be the main contribution limit. 529 plans are tax-advantaged accounts that…
