Taxes November 13, 2025
IRS Bumps Up 401(k), IRA Contribution Limits for 2026
The amount individuals can contribute to their 401(k) plans and individual retirement accounts will be higher in 2026, the IRS announced on Nov. 13.
Taxes September 15, 2025
IRS Releases Final Regs on Roth Catch-Up Contributions
The regulations include final rules related to a SECURE 2.0 Act provision requiring that catch-up contributions made by certain higher-income participants be designated as after-tax Roth contributions, the IRS said.
Accounting July 21, 2025
AICPA Asks Treasury, IRS for Guidance on SECURE 2.0 Roth Catch-Up Contributions
In a letter sent to Treasury and the IRS earlier this month, the AICPA requested additional guidance related to catch-up contributions designated as Roth contributions within Section 603 of the SECURE 2.0 Act of 2022.