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Maximum Social Security Tax Increases in 2021

a day ago

Maximum Social Security Tax Increases in 2021

The maximum amount of earnings subject to the Social Security payroll tax increase in 2021 to $142,800, up from $137,700 in 2020. Earnin...

401(k) and IRA Contribution Limits for 2021 Remain Unchanged

Dec 30, 2020

401(k) and IRA Contribution Limits for 2021 Remain Unchanged

Employees who are saving for retirement through 401(k) plans can contribute up to $19,500 in 2021. That's the same contribution limit in ...

HSA contribution limits increase for 2021

Dec 24, 2020

HSA contribution limits increase for 2021

Health savings account (HSA) contribution limits for 2021 are increasing by $50 for self-only coverage and $100 for family coverage. An i...

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Law Office of James D. Lynch, PLLC

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