Legislation introduced by North Smithfield Republican Brian Newberry would raise the $1,000 annual individual contribution limit to $2,000. There are 21 lighthouses in Rhode Island.

The individual 401(k) beats the SEP IRA for the maximum plan contribution regardless of your net earnings—unless you're a very high earner. For sole proprietors living in states with high income ...

On the downside, the 2025 contribution limits for SIMPLE IRAs are lower than 401(k)s — the baseline limit (with some exceptions) is $16,500 for individual contributions to a SIMPLE IRA, while a ...

These individual employee limits are cumulative across multiple 401(k) plans. If you leave one job in order to start a new position in calendar year 2025, your total combined contributions to ...