The IRS limits have increased for retirement savings programs like Washington’s Deferred Compensation Program (DCP).
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More DCP savings in 2025
The IRS limits have increased for retirement savings programs like Washington’s Deferred Compensation Program (DCP).
*Beginning Jan. 1, 2025, you can contribute up to $23,500 per year.*
*If you’re 50 or older,* *you can contribute up to $31,000 per year.*
These limits apply to DCP Roth and pretax contributions. That means whether you contribute to Roth, pretax, or both DCP options, it’s a combined total.
*Read more* [ [link removed] ]
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