The IRS considers contributions to a 529 plan as completed gifts for federal tax purposes. As of 2025, up to $19,000 per donor per beneficiary ($18,000 in 2024) qualifies for the annual gift tax exclusion. Taxpayers must report excess contributions above $19,000 on IRS Form 709, which ...
Proponents of raising the minimum wage to $15/hour often claim that any economic harm from this would be minimal compared to the law’s benefit of “lifting nearly a million people out of poverty.” That stylized statistic—which is derived from a recent Congressional Budget Office (CBO)analys...
This maximum 401K contribution article has been updated for the 2025 tax (calendar) year and contains historical data on prior years.The IRS hasannouncedthe 2025 maximum 401K contribution limit for employees, which is the max amount that employees can legally contribute to 401Ks in a given calend...
How much can I earn if I work after my full retirement age? Does working after full retirement age increase Social Security benefits? The Motley Fool has adisclosure policy. Premium Investing Services Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from...