By Tom Ozimek Americans will be able to put more money into their 401(k)s next year after the IRS on Nov. 13 announced higher contribution and income limits for 2026, reflecting annual cost-of-living adjustments tied to inflation. In new guidance, the agency said the maximum amount workers can contribute to a 401(k), 403(b), most 457 […]
Tag: Economic Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.
