On October 26, the Treasury Department released the 2021 adjusted figures for retirement account savings. Although these adjustments won’t bring any major changes, there are some minor elements to note.
Individual Retirement Accounts (IRA)
Although these modest increases won’t impact many, it’s natural to have questions anytime the financial landscape changes. If you’re curious about any of the above, give me a call at the number below for more information.
1. IRS.gov, October 26, 2020
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October 28, 2020 - 2021 Limits for IRAs, 401(k)s and More
| October 28, 2020