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These are your 2021 401(k) and IRA contribution limits – CNBC

The IRS released annual inflation adjustments for 2021 for many tax provisions on Monday, including new income tax brackets and an increased standard deduction….

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The IRS released annual inflation adjustments for 2021 for many tax provisions on Monday, including new income tax brackets and an increased standard deduction. It also announced that contribution limits for 401(k)s and IRAs will not increase next year.
For 2021, 401(k) contribution limits, which are based on cost-of-living adjustments, will remain at $19,500 for individuals, plus an additional $6,500 in catch-up contributions for those 50 or older.
The same limit also applies to 403(b) accounts,…

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