Apple Growth Partners

retirement plans

2021 Retirement Plan Limits

November 2, 2020 The IRS released updates to retirement plan limits in 2021 last week: 2021 Retirement Plan Limits 2021 2020 2019 401(k),403(b) and 457(b) Deferral Limits      $19,500 $19,500 $19,000 401(k) and 403(b) Catch-up Deferral Limits  $6,500 $6,500 $6,000 Annual Limitation on Compensation             $290,000 $285,000 $280,000 Defined Contribution Limitation                      $58,000 $57,000 $56,000 …

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Understanding the SECURE Act

By Susan Burnoski, CPA | Principal, Audit & Assurance Congress recently signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act, resulting in easier savings for retirement and expanding access to more Americans. Retirement experts are calling the SECURE Act the most comprehensive retirement legislation over the last 10 years. The SECURE …

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