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customized baby gifts IRA and 401(k) Contribution Limit Increases For 2019 - Stash Learn personalized gifts for her ideas

Views:57 Updated: 2019-08-30

We all want a raise. And the good news is that we’re all getting one—at least when it comes to retirement contributions.

Starting in 2019, The Internal Revenue Service (IRS) increased contribution limits on Individual Retirement Accounts (IRAs) and 401(k)s. The cost of living adjustment is the first contribution limit increase in six years.

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In a nutshell, the IRS’ decision to increase limits means that you can stash away more for retirement. And if you’re playing catch-up on your retirement savingscustomized baby gifts, the increased limit could amount to some additional savings.

But if you plan to increase your contributions to reach the maximum, you’ll need to take action.

To change your IRA or 401(k) contribution levels, you’ll probably need to manually change your contribution by contacting your account provider. (Remember, a 401(k) is only available through your employer.)

If you don’t have a retirement account, you can sign up for one on Stash.

Today we have this lovely little Canvas and Burlap Journal to share with you created by Cindy Utter. She used a fun variety of embellishments and items to decorate in a unique, eclectic style that we just adore! Cindy did an amazing job of showing off the new 7Gpysies Architextures and just how versatile they are- they are the perfect addition to bring some real vintage charm to this journal. Take a look!?

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