Wondering how much you can sock away for retirement next year? Knowing the limits for different types of accounts can help you maximize your retirement savings AND save money on taxes.

Wondering how much you can sock away for retirement?  Knowing the limits for different types of accounts can help you maximize your retirement savings AND save money on taxes.Last week, the IRS released the new deferral rates for 2020.  Without further adieu, see below for the 2019 limits and the new 2020 limits so you can stay on top of your contributions.