You can contribute more to your IRA in 2019

Catholic United Financial, a Trusted Fraternal Life brand > Company > You can contribute more to your IRA in 2019

New contribution limits start January 1st….

For the first time since 2013, the IRS has increased IRA annual contribution limits so our members can save even more for retirement in their IRAs.

According to IRS.gov, the new annual limits to contributions to an IRA are $6,000 (an increase of $500). Individuals age 50 and over can make catch-up contributions for a annual contribution limit of $7,000.

Those saving for retirement need to remember that these increases don’t take effect until January 1, 2019.

According to the IRS, the changes reflect cost of living increases expected in the new year.

Specific details about the increases can be found on the IRS website.

Learn with us

Financial education with a Catholic focus
Missed the Boat Theatre is a non-profit theatre company in St. Paul, Minnesota presents The Matchmaker as their summer mainstage production.

Members invited to theater performance in St. Paul

Catholic United Financial members can enjoy discounted tickets for a performance of "The Matchmaker" June 19-28
Read More
Understanding Your Social security Benefits Webinar

Webinar: Understanding Your Social Security Benefits 2025

One of the most important decisions to make before you retire is when to claim Social Security benefits. Watch this webinar to learn more.
Read More

The Way of the Shepherd Catholic Montessori School Celebrates Raffle Success and Grand Prize Winner

A wave of excitement and joy swept through The Way of the Shepherd Catholic Montessori School on April 23 as students, staff and the grand prize winner came together to celebrate their success in the 2025 Catholic United Financial Raffle. With smiles as wide as the giant prize check, the celebration kicked off as multiple...
Read More

Become a member and become something more

Membership in Catholic United Financial starts after you purchase a product from us. Membership means aligning your finances to your faith, and:

  • Making our grants, scholarships and incentive programs possible
  • Encouraging volunteer work and training
  • Fundraising for Catholic parishes, schools and religious education programs
  • Participating in the business decisions of a company that is member-owned and operated
  • Bringing benefits to your local Catholic community