2013 401(k) Limits

Social Share Toolbar

The IRS has just release the 401(k) limits for 2013.

For 2012, the maximum for 401k, 403b, most 457 plans and TSPs was $17,000 per year.   Due to Cost of Living and Inflation, these limits are now $17,500.  Not a huge difference, but something for those who can afford it to  know about.

The catch-up contribution for those 50 and older is unchanged at $5,000.


This entry was posted in Retirement, Savings. Bookmark the permalink.