The Reference Section

A collection of wealth improvement articles


Retirement and Health Savings Limits
Retirement Plan Contribution Limits20002021
IRA for those under age 50$6,000$6,000
IRA for those 50 and over$7,000$7,000
SIMPLE plan for those under age 50$13,500$13,500
SIMPLE plan for those 50 and over$16,500$16,500
401(k) plan for those under age 50$19,500$19,500
401(k) plan for those 50 and over$26,000$26,000
Health Savings Account (HSA) Contribution Limits20002021
Self only$3,550$3,600
Family$7,100$7,200
Additional for 55 and over$1,000$1,000