2021 contribution limits and tax brackets

[steelyman]

From CNBC: the IRS has announced new limits for contributions and standard deductions. Also new brackets.

The IRS released annual inflation adjustments for 2021 for many tax provisions on Monday, including new income tax brackets and an increased standard deduction. It also announced that contribution limits for 401(k)s and IRAs will not increase next year.

https://www.cnbc.com/2020/10/26/these-are-your-2021-401k-and-ira-contribution-limits.html

 

[Koolau]

From CNBC: the IRS has announced new limits for contributions and standard deductions. Also new brackets.





https://www.cnbc.com/2020/10/26/these-are-your-2021-401k-and-ira-contribution-limits.html

Thanks for the reference.