The Elective Deferral Limit is the maximum contribution that can be made on a pre-tax basis to a 401(k) or 403(b) plan (Internal Revenue Code section 402(g)(1)). Some still refer to this as the $7,000 ...

A 529 plan is a tax-deferred savings vehicle that grows tax-free and helps you pay for higher education and trade schools, elementary or secondary, public, private or religious schools and sometimes ...

While there are no specific 529 plan contribution limits, most people consider the $19,000 annual gift tax exclusion to be the main contribution limit. 529 plans are tax-advantaged accounts that allow ...