The 2 changes to 401(k)s in 2017 you need to know

The steady path to a dream retirement

The steady path to a dream retirement

There aren’t many changes to 401(k)s in 2017, with another year of subdued inflation keeping the regular employee contribution limits at $ 18,000 for those who are younger than 50 and $ 24,000 for those who are 50 or older.

However, a couple of provisions will see some minor changes that could impact high-income workers as well as those at the lower end of the wage scale. Below, we’ll look more closely at these two changes and how they might affect you.

Let’s block ads! (Why?)

Personal finance news – CNNMoney.com

You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *