IRS increases 401(k) limit, keeps IRA limit the same

IRS increases 401(k) limit, keeps IRA limit the same

By Michael Cohen/Accountingtoday.com The Internal Revenue Service said Friday that the amount individuals can contribute to their 401(k) plans in 2025 has increased by $500 to $23,500, up from $23,000 for 2024, as part of its annual cost-of-living adjustments, although the limit for individual retirement accounts remains $7,000. The IRS issued technical guidance Friday on…

Cost-Saving Tips for Company Holiday Parties

Cost-Saving Tips for Company Holiday Parties

Just because you have to save money on a holiday party, doesn’t mean you can’t still create one that’s memorable and gives the impression that you pulled out all the stops. Several corporate event planners offered up these suggestions for creating a holiday party without dropping too much coin. Think outside the standard venue Getting…

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How To Grow Your Business Like Nobody Else: 5 Steps

Here are five straightforward recommendations for how to grow your business in the most effective manner: 1. Make Your Business Promotion More Extensive It is essential for you to broaden the scope of your business advertising in order to bring in new clients since this will allow you to grow your consumer base. You may…