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Here’s the maximum you can save in your 401(k) plan in 2021 – CNBC

It’s prime time to develop a strategy and ramp up next year’s retirement savings. Here are the contribution limits for your 401(k) and IRA accounts.

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If you’re signing up for next year’s workplace benefits, now is the best time to develop a strategy for increasing your savings.
Benefits season also happens to coincide with the annual IRS release of the 2021 maximum contribution limits for certain tax-advantaged accounts, including your 401(k) plan, individual retirement account and healthcare flexible spending accounts.
Uncle Sam updates these figures around this time each year to reflect inflation.
Be aware that while these maximum amounts may…

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