You can contribute more to your IRA in 2019

Catholic United Financial > 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

Christmas Seasons Greetings from the Home Office

Merry Christmas and Happy New Year from the staff at the Catholic United Financial Home Office.
Read More
An individual singing paperwork.

You can contribute more to your IRA in 2019

People who want to save for retirement should know the IRS has announced new annual increases to IRA contributions in 2019. Related
Read More

Thank a hero this Veterans Day

As we celebrate Veterans Day, we want to honor those who served, laid their life on the line and those who have fallen. Related
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

Leave a Reply