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Retirement Plan Contribution Limits for 2021

Know your options when saving for retirement to take full advantage of your contribution and income limits. 

The contribution limits for 401(k)s, Traditional IRAs and Roth IRAs remain unchanged for 2021. The income limits for contributions have increased. 

The following contribution limits in 2020 will remain unchanged in 2021:

The following contribution limits in 2020 will remain unchanged in 2021:

  • Traditional and Roth IRA Contribution Limit - $6,000/year (people under 50 years old)
  • Traditional and Roth IRA Contribution Limit - $7,000/year (people 50 and older)
  • 401k Contribution Limit - $19,500/year (people under 50 years old)
  • 401k Contribution Limit - $26,000/year (people 50 and older)
  • Annual income limits to be eligible to contribute pretax to a Traditional IRA and to a Roth IRA have changed. 

  

Download Retirement Plan Contribution Chart

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