4 Ways To Prepare for the Changes Coming for 401(k)s and IRAs in 2025

Every year, the Internal Revenue Service (IRS) will make cost-of-living adjustments to American retirement plans, with the changes usually amounting to an attempt at countering inflation by increasing the maximum contribution limits for the various types of retirement plans. This year, however, the IRS will be making other dynamic changes as well, according to a recent report from The Week.