2016 Contribution Limits for 401(k) plans, IRAs and Roth IRAs

In Asset Allocation, General Financial Planning, Retirement Planning, Tax by Chip Hymiller

Find out the maximum contribution limits that can be made to most retirement savings accounts including 401(k) plans, 403(b) plans, traditional and Roth IRAs for 2016.  The amounts have not increased from the 2015 limits.

Here is what you need to know to make the most of your saving strategy!