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Internal Revenue Service

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Global Health & Biotech 14 Nov 2026, 08:00 PM IST

IRS Raises 2027 401(k) Limits, Giving Savers a Bigger Tax-Deferred Cushion

The Internal Revenue Service has lifted the 2027 contribution cap for 401(k) plans, extending a modest but meaningful boost to American retirement savers as inflation adjustments continue to reset the boundaries of tax-advantaged investing. Workers who are able to maximize their payroll deferrals will be able to shelter more income from current taxation, while employers and plan administrators prepare for another round of system updates. The change underscores how annual IRS indexing has become an important, if often overlooked, lever in household wealth building.

By RDU Global Wire5 min read

Global Markets & Equities14 Nov 2026, 05:00 PM IST

IRS Raises 2027 Retirement Contribution Limits, Giving Savers a Bigger Tax-Advantaged Cushion

The Internal Revenue Service has announced higher retirement contribution limits for 2027, a routine inflation adjustment that will allow millions of Americans to shelter more income in 401(k)s, IRAs and related accounts. The change arrives as households continue to face elevated living costs and as markets watch whether stronger retirement inflows can support long-term equity demand.

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Global Markets & Equities13 Nov 2026, 08:00 PM IST

IRS Raises 401(k) Contribution Limit to $25,500 for 2027, Expanding Tax-Deferred Savings Room

The Internal Revenue Service has increased the employee contribution limit for 401(k) plans to $25,500 for 2027, giving workers a larger tax-advantaged channel to save for retirement. The annual adjustment, driven by inflation indexing, also lifts related retirement thresholds and underscores how persistent price pressures continue to reshape household financial planning.

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Global Markets & Equities13 Nov 2026, 05:00 PM IST

IRS Raises 401(k) Contribution Limit to $25,500 for 2027 as Retirement Savers Get a Modest Lift

The Internal Revenue Service has increased the annual 401(k) employee contribution limit to $25,500 for 2027, extending the ceiling on tax-advantaged retirement savings as inflation adjustments continue to reshape household planning. The move leaves the IRA contribution limit unchanged at $7,500, underscoring a widening gap between workplace plans and individual retirement accounts in how Americans can shelter income for the long term.

5 min readRead →

Global Economy & Central Banks13 Nov 2026, 02:00 PM IST

IRS Raises 2027 401(k) Contribution Limits, Giving Savers More Room to Build Retirement Wealth

The Internal Revenue Service has announced higher 401(k) contribution limits for 2027, increasing the amount workers can defer into tax-advantaged retirement accounts. The adjustment gives savers more capacity to shield income from taxes and underscores the continuing importance of workplace retirement plans in an environment of persistent inflation and long-term retirement insecurity.

6 min readRead →

Global Economy & Central Banks08 Oct 2026, 04:39 AM IST

SALT Deduction Cap Set at $40,400 for 2026 as Taxpayers Rush to Maximize Year-End Breaks

The federal cap on state and local tax deductions, or SALT, will rise to $40,400 for 2026, giving higher-income households and owners of pass-through businesses a larger but still limited tax shield. Advisers say the best results depend on timing, itemization strategy, and careful coordination before year-end, when many taxpayers can still influence their 2025 return and position themselves for the next filing cycle.

6 min readRead →

Global Health & Biotech04 Oct 2026, 08:00 AM IST

IRS Clarifies Trump Account Rules as Auto-Enrollment Reaches Millions of Children

The Internal Revenue Service has updated the rules governing Trump Accounts, the new child savings vehicles now being rolled out across the United States, as federal officials say more than 60 million children have been automatically enrolled. The change adds urgency for parents, employers and financial institutions trying to understand how the accounts work, who qualifies, and what the default enrollment means for families and markets tied to long-term savings flows.

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Global Markets & Equities04 Oct 2026, 05:09 AM IST

IRS Clarifies Trump Account Rules as Treasury Moves to Auto-Enroll Millions of Children

The Internal Revenue Service has updated the framework for so-called Trump Accounts, the new tax-advantaged savings vehicles that Treasury says will be automatically created for millions of children. The move could affect as many as 60 million families and adds urgency for parents to understand eligibility, account mechanics, and the long-term investment implications.

5 min readRead →

World Politics & Diplomacy03 Oct 2026, 04:20 AM IST

Spain’s Government Suffers Housing Defeat as Early Election Talk Grows

Spain’s minority government has been dealt a significant political setback after parliament rejected a package of housing measures aimed at easing the country’s deepening affordability crisis. The defeat underscores the fragility of Prime Minister Pedro Sánchez’s coalition and has intensified speculation that an early general election could be brought forward if legislative gridlock persists.

6 min readRead →

Global Markets & EquitiesJust now (05:52 AM IST)

Treasury Says More Than 60 Million Children Have Been Auto-Enrolled in Trump Accounts

The U.S. Treasury says more than 60 million children have been automatically enrolled in newly created Trump Accounts, marking a rapid rollout of one of the administration’s most closely watched savings initiatives. The move could reshape household saving behavior, broaden early-life market exposure and add a new policy variable for investors tracking consumer finance and long-duration equity flows.

5 min readRead →

Global Economy & Central BanksJust now (03:11 AM IST)

IRS Taps Joseph Velli to Help Run Trump Accounts

The Internal Revenue Service has hired Joseph Velli to assist with the administration of Trump accounts, a move that adds a seasoned financial-services executive to a politically sensitive program with broad implications for tax administration and household savings policy. Velli’s background includes board roles at Paychex, Cognizant and Computershare, giving the agency a veteran with deep exposure to payroll, technology and shareholder-services infrastructure.

5 min readRead →

Global Economy & Central BanksJust now (02:10 AM IST)

IRS Taps Joseph Velli to Help Run Trump Accounts

The Internal Revenue Service has hired Joseph Velli to assist with the administration of Trump accounts, a move that brings a veteran of payroll, financial services and shareholder administration into a politically sensitive federal program. Velli’s prior board roles at Paychex, Cognizant and Computershare suggest the agency is drawing on private-sector expertise as it prepares to manage a new savings framework with broad operational demands.

5 min readRead →

Global Markets & EquitiesJust now (01:49 AM IST)

US Treasury Signals Crackdown on Wall Street Tax-Avoidance Trades

The US Treasury has moved to curb investment strategies used by Wall Street firms to reduce tax liabilities, escalating scrutiny of structures that can distort dividend and ETF-related taxation. The warning raises the prospect of tighter rules or enforcement that could affect trading desks, asset managers and income-focused funds across US markets.

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Global Markets & EquitiesJust now (10:24 PM IST)

U.S. Treasury Targets Tax-Avoiding Investment Trades in New Crackdown Signal

The U.S. Treasury has moved to challenge a set of Wall Street investment strategies that regulators say may be designed primarily to sidestep taxes, according to reports from the Wall Street Journal and other outlets. The notice raises the prospect of tighter scrutiny for transactions used in ETFs, derivatives and related structures, with potential implications for asset managers, crypto-linked funds and other market participants that rely on tax-efficient engineering.

5 min readRead →

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Corporations, startups, regulatory bodies, central banks, ministries and judicial courts. All news mentioning this entity is automatically verified and aggregated into this live intelligence dossier.

Co-Occurring Entities

Entities frequently referenced alongside Internal Revenue Service:

Washington, D.C.(14)U.S. Treasury Department(2)US Treasury(2)Paychex(2)Joseph Velli(2)Computershare(2)