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Call Toll Free – 888.403.9400

Social Security – getting an 8.7% increase

– Average monthly retiree benefit of $1,656 will increase $144.10

401(k)

Under 50 years of age – $22,500

Over 50 years of age – additional $7,500 catch-up

SIMPLE IRA

Under 50 years of age – $15,500

Over 50 years of age – additional $3,500 catch-up

Individual IRA and Roth

Under 50 years of age – $6,500

Over 50 years of age – additional $1,000 catch-up

HSA – Family – $7,750

Over 50 years of age – additional $1,000 – Single – $3,850

Over 50 years of age – additional $1,000

Gift Allowance – $17,000

Allowable by IRS

To children, they can receive up to $17,000 per parent

Same for 529 Education contributions.