Each year, the IRS announces limits for saving in IRAs, 401(k)s, and other retirement accounts. In this video, Certified Financial Planner® Matt Frankel breaks down the new limits and what retirement savers need to know before we head into 2025.
*Stock prices used were the midday prices of Nov 4, 2024. The video was published on Nov 5, 2024.
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Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
The post It’s Official — Here Are the 2025 IRA and 401(k) Limits appeared first on Retirely.