Posted on October 23, 2017, 2:45 pm, by Caron & Bletzer.
On Thursday, October 19th, the IRS announced new statutory limits for the upcoming 2018 year. The most important changes applicable to retirement plans are outlined below. After holding the line for a couple of years, the IRS increased the employee elective deferral limit (the §402(g) limit) from $18,000 to $18,500, for contributions to 401(k) and […]
Posted on November 4, 2011, 3:53 pm, by Caron & Bletzer.
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 […]