2012 Retirement Plan Limits Were Recently Announced
Finally, cost of living adjustment (COLA) figures have moved enough to cause retirement plan contribution limits to rise after remaining the same for three years in a row. On October 20, 2011, the IRS announced the new limits for 2012. The elective deferral (employee contribution) limit increases from $16,500 to $17,000 for 401(k), 403(b) and […]