Insight on Plan Design & Investment Strategy November 1st, 2023 Benefits IRS Increases 401(k) Limit to $23,000 for 2024, IRA Limit to $7,000 The new limits come with guidance on all the cost-of-living adjustments affecting limitations for pension plans and other retirement-related items for tax year 2024. Most Read Compliance Retirement Industry Mostly Applauds ‘Big Beautiful Bill’ Investing Empower Responds to Warren, Urging Private Markets Inclusion in 401(k)s Benefits Defaulting Some DC Plan Assets Into Annuities Could Improve Income in Retirement Did someone forward you this newsletter? Sign up here to get PLANSPONSOR Breaking News directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2025 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850