The Elective Deferral Limit is the maximum contribution that can be made on a pre-tax basis to a 401(k) or 403(b) plan (Internal Revenue Code section 402(g)(1)). Some still refer to this as the $7,000 ...
Flexible spending accounts are getting a meaningful reset for 2026, with higher contribution ceilings and new rules that change how much tax-free money families can set aside. The shifts touch both ...