Maximum Benefit and Contribution Limits Table 2025
Nov 5, 2024 · The Elective Deferral Limit is the maximum contribution that can be made on a pre-tax basis to a 401(k) or 403(b) plan (Internal Revenue Code section 402(g)(1)). Some still refer to this as the $7,000 limit (its original setting in 1987). The Annual Benefit Limit is the maximum annual benefit that can be paid to a participant (IRC section 415). The limit applied is actually …
IRS Increases 2025 401(k) Contribution Limit, Holds IRA Limit
Nov 1, 2024 · The IRS on Friday announced the annual contribution limits for qualified defined contribution plans and individual retirement accounts for the 2025 tax year.. The annual contribution limit for workers who participate in 401(k), 403(b) and most 457 plans, as well as the federal government’s Thrift Savings Plan, will be increased to $23,500, up from $23,000 in 2024.
2024 PLANADVISER Retirement Plan Adviser of the Year
The 2024 PLANADVISER Retirement Plan Adviser of the Year finalists have demonstrated leadership and a commitment to excellence in serving retirement plan sponsors and participants and contributing to the retirement plan adviser industry.
PLANADVISER - The trusted information and solutions resource for ...
PLANADVISER is the trusted information and solutions resource for America's retirement benefits decision makers. With its powerful array of customer-driven marketing programs, PLANADVISER offers industry providers an unparalleled ability to reach this influential audience.
Transamerica Introduces 2 New Pooled Plans | PLANADVISER
Dec 4, 2024 · Transamerica has debuted two new pooled plan solutions, each targeting slightly different plan sponsor needs. The firm announced its DWC 401(k) Pooled Plan Solutions on Tuesday, a partnership with third-party administrator DWC and advisory Leavitt Retirement Partners, the 3(38) investment manager on the plans.
Voya Remains on Track for OneAmerica Retirement Integration in …
Nov 7, 2024 · Voya, the country’s sixth-largest recordkeeper by assets, announced in September the acquisition of OneAmerica’s retirement plan business, a move which will add another $60 billion in client assets. The deal closure is subject to certain conditions and regulatory approvals; OneAmerica Financial’s other businesses include life insurance, employee benefits and long …
2024 PLANADVISER Top Retirement Plan Advisers | PLANADVISER
Each year PLANADVISER recognizes the top retirement plan advisers in the industry based on quantitative measures, including amount of AUA and number of plans under advisement. Advisers are highlighted if they have what was designated as a special focus in any particular plan type, if they are women ...
TDF Growth and Innovation | PLANADVISER
Jan 1, 2025 · Retirement plan litigation is getting no rest in 2024, with lawsuits focused on new areas of retirement plan design and legal developments including a Supreme Court ruling that overturned the Chevron doctrine. This month, we consider various topics related to …
5 Marketing Tips for 401 (k) Advisers in 2025 | PLANADVISER
Dec 12, 2024 · Rebecca Hourihan, founder and chief marketing officer of 401(k) Marketing LLC, recently brought her wealth of plan advisory knowledge and her eye for trend-spotting to list some of the top lead-producing campaigns for advisers in 2025. In a conversation with PLANADVISER, she identified five areas advisers might be well-served to lean into in the new year.
Everything You Need to Know About Pro-Rata Rules - PLANADVISER
Jun 17, 2024 · In 401(k) plans, some participants, especially those with a higher income, will contribute up to the maximum amount ($23,000 for 2024) to their pre-tax account on a pre-tax basis.