401(k) Specialist

IRS Reveals 401k, IRA Contribution Limits For 2019

By Jessa Claeys

“Based on Betterment for Business analysis, over roughly 30 years, that extra $500 can equate to $41,900.84 at a 6 percent rate of return. Taxpayers who are on the fence about increasing their contributions should see this as a great opportunity for a long-term investment in their retirement savings,” Eric Bronnenkant, head of Tax at Betterment for Business, told 401(k) Specialist in an interview.

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This article originally published November 2nd, 2018 on 401(k) Specialist.

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