2018 IRA and 401k Contribution Limits Announced

The IRS recently announced the inflation-adjusted contribution limits for 2018.

The 2018 401k limit, for those under 50 years of age, is $18,500 (a $500 increase from 2017).

The 2018 IRA limit, for those under 50 years of age, remains at $5,500.

More can be read here.