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IRS · United StatesThe IRS has announced new 401(k) contribution limits for 2026. In its release on Thursday, the agency increased the employee deferral limit to $24,500 next year, up from $23,500 in 2025. The change applies to 401(k)s, 403(b)s and most 457 plans, along with the federal Thrift Savings Plan. See the Story
IRS announces 2026 401(k) contribution limits, raises savings cap
71% Center coverage: 64 sources
United States · United StatesWhat Do Employers Need to Know About OBBB Tax Credits and Deductions? In July, the “One Big Beautiful Bill Act” (OBBBA) was signed by the President. This new law includes significant changes impacting employers. These changes cover employee deductions for tips and overtime, and they expand the paid family and medical leave tax credit. In summary, the new legislation includes the following changes for employers:
Tax deduction for employee tips u…See the Story
OBBB Tax Credits and Deductions: What Employers Need to Know
United States · United StatesWhat Do Employers Need to Know About OBBB Tax Credits and Deductions? In July, the “One Big Beautiful Bill Act” (OBBBA) was signed by the President. This new law includes significant changes impacting employers. These changes cover employee deductions for tips and overtime, and they expand the paid family and medical leave tax credit. In summary, the new legislation includes the following changes for employers:
Tax deduction for employee tips u…See the Story
