Don’t believe any of the “stealth wealth” scenarios you see in the movies — like being able to wire money from the U.S. to a numbered account in Switzerland without anyone finding out.
IRS Increases 401(k) Contribution Limit to $18,500 in 2018
Once again, the Internal Revenue Service has tacked on another $500 to its 401(k) contribution limit for 2018 — that’s one of the highlights of the IRS’ newly unveiled schedule of tax rates, deductions, credits and exemptions for that year.