We value your privacy

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies.

Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

30Nov

US. IRS announces retirement plan contribution limits for 2024

News , ,

The Internal Revenue Service has announced the dollar limitations for retirement plans for the 2024 tax year.

The 403(b) & 457(b) contribution limits have increased from $22,500 to $23,000 with an age 50 catch-up contribution of $7,500, which remains unchanged.

Employees wanting to enroll into a Supplemental Retirement Account or make changes to an existing account should complete the electronic Salary Reduction Agreement.

The deadline to submit SRA changes or new account enrollments to begin on the first pay in 2024 (Jan. 12) is 5 p.m. Tuesday, Dec. 13.

 

 

 

Read more @Enews wvu

Related Posts

09Apr

London Pensions Fund Commits £250 Million to Ambitious New Green Investment Drive

In a strategic move that underscores its accelerating push toward net zero, the London Pensions Fund Authority (LPFA) has pledged... read more

09Apr

European stocks in red as China responds to US

European stocks opened lower on Wednesday, as investors digest the ongoing trade war between the US and China. The FTSE... read more

09Apr

The World Bank publishes “State of Social Protection Report 2025: The 2-Billion-Person Challenge”

Social protection goes well beyond cash transfers; it includes policies and programmes that bridge skill, financial, and information gaps, aiding... read more

08Apr

UK. DWP secretary Liz Kendall makes Triple Lock state pension announcement

Department of Work and Pensions Secretary Liz Kendall has made an announcement on the future of the state pension... read more

08Apr

EIOPA launches liquidity stress test of European pension funds

The European Insurance and Occupational Pensions Authority (EIOPA) has launched its fifth stress test of European occupational pension funds,... read more

10Apr

US. Social Security rule-reversals, office closures, cost cuts: here’s what’s happening now.

The Social Security Administration is about to get a new commissioner, but that’s only the latest of a series... read more

10Apr

UK government urged to amend pension rules to support sustainable growth

Lack of clarity over fiduciary duty and a heavy sustainability reporting burden are key issues for the pensions industry,... read more

10Apr

Pension funds record overallocation to private equity in Q1 2025

Global pension funds in aggregate were above their median target allocation to private equity in the first quarter of... read more

10Apr

Pensions at a Crossroads: Building Inclusive Retirement Systems for an Aging World

The World Bank’s Social Protection and Jobs Global Practice, in collaboration with the ASPIRE team and informed by research... read more

09Apr

Trade war threatens pensions, risks recession

A local financial adviser pegs the risk of global recession at between 30 and 40 per cent, after Donald... read more

09Apr

London Pensions Fund Commits £250 Million to Ambitious New Green Investment Drive

In a strategic move that underscores its accelerating push toward net zero, the London Pensions Fund Authority (LPFA) has pledged... read more

09Apr

European stocks in red as China responds to US

European stocks opened lower on Wednesday, as investors digest the ongoing trade war between the US and China. The FTSE... read more

09Apr

The World Bank publishes “State of Social Protection Report 2025: The 2-Billion-Person Challenge”

Social protection goes well beyond cash transfers; it includes policies and programmes that bridge skill, financial, and information gaps, aiding... read more

08Apr

UK. DWP secretary Liz Kendall makes Triple Lock state pension announcement

Department of Work and Pensions Secretary Liz Kendall has made an announcement on the future of the state pension... read more

08Apr

EIOPA launches liquidity stress test of European pension funds

The European Insurance and Occupational Pensions Authority (EIOPA) has launched its fifth stress test of European occupational pension funds,... read more

10Apr

US. Social Security rule-reversals, office closures, cost cuts: here’s what’s happening now.

The Social Security Administration is about to get a new commissioner, but that’s only the latest of a series... read more

10Apr

UK government urged to amend pension rules to support sustainable growth

Lack of clarity over fiduciary duty and a heavy sustainability reporting burden are key issues for the pensions industry,... read more

10Apr

Pension funds record overallocation to private equity in Q1 2025

Global pension funds in aggregate were above their median target allocation to private equity in the first quarter of... read more

10Apr

Pensions at a Crossroads: Building Inclusive Retirement Systems for an Aging World

The World Bank’s Social Protection and Jobs Global Practice, in collaboration with the ASPIRE team and informed by research... read more

09Apr

Trade war threatens pensions, risks recession

A local financial adviser pegs the risk of global recession at between 30 and 40 per cent, after Donald... read more

ar Arabiczh-CN Chinese (Simplified)en Englishfr Frenchde Germanpt Portugueseru Russianes Spanish
en English