401(k) maximum contribution limits 2013

401K Contribution Limits To Go Up In 2013.

Taking into account the probable inflation and market stability, the IRS has increased 401 (K) contribution limits by $500. As a result of automatic inflation adjustments, this hike in saving contributions will be effective in 2013. From January 2013, you can contribute $17,500 per year. More contribution would accumulate bigger retirement savings. Apart from this, the catch up contribution for 50 years old or above savers has not been changed. A worker of 50 years age can now save upto $23,000 per year ($17,500+$5,500).

Wondering how to calculate weekly and monthly contributions? Our free assessment takes just two minutes and brings you the right scheme. Moreover, taking 401(K) Plans loans get easier with our effective financial advices. Wise saving assures safe and happy retirement planning. Get started with us today.

How to Be a Member of A 401K Retirement Advisory Firm?

A 401K retirement plan is one of the most preferred retirement saving options among the US citizens. Every year, the maximum 401K contribution limit is revised by the IRS taking inflation into account. In 2013, this upper limit of contribution will go up and will be $17,500 per year. To put aside your earning for the golden time of your retirement, proper financial advices are essential.

Benefits of 401k advisory firm membership:

However, you first need to become a member of a 401K retirement advisory firm. The steps to take membership vary from firm to other. Choose the fastest and simple steps and get easy sign up for your saving profile. Free assessment allocation and 401k fund recommendations takes just two minutes and once you have signed up, you start getting alerts on asset allocation and fund recommendations. Derive maximum benefits from these advisory services and minimize your risk while saving for a secure retirement.