Friday, August 28, 2009

 

In 2010 IRS Could Cut 401(k) Contributions Limit to $16,000

Low inflation has made food and gas more affordable during the recession, but there's a downside: Social Security beneficiaries probably won't get a raise next year, and the IRS may reduce the amount workers can contribute to their 401(k) plans.

In 2010 IRS Could Cut 401(k) Contributions Limit to $16,000
Source: USA Today

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