***
***
Bigger savings room: In 2026, 401(k) and IRA contribution limits rise to $24,500 and $7,500 respectively, offering more tax-advantaged savings potential.
Mandatory Roth catch-ups: High earners aged 50+ must direct catch-up contributions into Roth accounts, shielding them from lifetime RMDs.
Charitable tax breaks: Qualified Charitable Distributions now allow up to $111,000 per person from IRAs, reducing taxable income and potentially lowering Medicare premiums.
COMMENTS APPRECIATED
***
Filed under: iMBA, Inc. | Leave a comment »














